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Negotiable Instruments Act Cheque Bounce Case: Borrower Convicted, Ordered to Pay ₹6.75 Lakh in Loan Dispute: Bengaluru Court

24 Jun 2026 5 min read

Negotiable Instruments Act Cheque Bounce Case: Borrower Convicted, Ordered to Pay ₹6.75 Lakh in Loan Dispute: Bengaluru Court

A Bengaluru court has convicted Shiva Reddy in a cheque bounce case under Section 138 of the Negotiable Instruments Act after finding that he failed to repay a loan of ₹5.70 lakh taken from A. Ananda for business purposes. The judgment was delivered on June 23, 2026, by the Court of the XXII Additional Chief Judicial Magistrate, Bengaluru. Loan Transaction Details According to the case records, A. Ananda stated that…

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