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Negotiable Instruments Act: Transport Businessman Convicted in ₹2 Lakh Cheque Bounce Case; ₹3 Lakh Compensation Awarded to Complainant: Bengaluru Court

11 Jun 2026 5 min read
Negotiable Instruments Act: Transport Businessman Convicted in ₹2 Lakh Cheque Bounce Case; ₹3 Lakh Compensation Awarded to Complainant: Bengaluru Court

A Bengaluru court has convicted Sri. Sathyananda in a cheque bounce case filed by Sri. Krishne Gowda M under Section 138 of the Negotiable Instruments Act, 1881. The judgment was delivered on 8 June 2026 by Smt. Tejaswini K.M., XVI Additional Chief Judicial Magistrate, Bengaluru City. The court held that the accused failed to honour a cheque issued towards repayment of a hand loan and was unable to rebut the…

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