Section 138 NI Act | Loan Default Costs Borrower Dear; Convicted in Genesis Finance Cheque Bounce Case: Saket Court, New Delhi

A Delhi court has convicted Anil Sharma in a cheque bounce case filed by Genesis Finance Co. Ltd. under Section 138 of the Negotiable Instruments Act, 1881. The judgment was delivered on 11 June 2026 by Ms. Poorva Mehra, Judicial Magistrate First Class (NI Act-01), South East District, Saket Courts, New Delhi. Loan Transaction Between Parties According to the case record, Genesis Finance Co. Ltd., a Non-Banking Financial Company (NBFC)…