Section 138 Negotiable Instruments Act: Cheque Bounce Conviction Upheld: Saket Court
In a cheque bounce dispute decided by the Court of Judicial Magistrate First Class (NI Act)-03, Saket District Court, complainant Mukesh Bhardwaj stated that he had given a friendly loan to Abdul Kalam in two parts. First, in January 2014, an amount of Rs. 3,00,000 was given, and later in August 2014, another Rs. 2,00,000 was given, making a total liability of Rs. 5,00,000. The accused promised to repay the…
