Negotiable Instruments Act: Woman Convicted in ₹8 Lakh Cheque Bounce Case, Ordered to Pay ₹8.90 Lakh Compensation: Bengaluru Court
A Bengaluru court has convicted Godha Krishnaprasad in a cheque bounce case filed under Section 138 of the Negotiable Instruments Act, 1881. The XIX Additional Chief Judicial Magistrate Court, Bengaluru, held that the complainant successfully proved that the cheque was issued towards repayment of a legally enforceable debt of ₹8 lakh and that the accused failed to rebut the legal presumption available in favour of the complainant. Loan Transaction Between…