Sree Gokulam Chits Finance Wins Cheque-Bounce Case, Bengaluru Court Convicts Sujatha B.R. Under Section 138 of Negotiable Instruments Act and Imposes ₹75,000 Fine: Bengaluru Court
The LI Additional Chief Judicial Magistrate, Bengaluru City, has convicted Mrs. Sujatha B.R. in a cheque dishonour case filed by M/s Sree Gokulam Chits Finance Co. Pvt. Ltd. The Court found that the complainant had established that the accused issued a cheque towards outstanding chit instalments, but the cheque was dishonoured for insufficient funds and the amount remained unpaid despite statutory notice. Judgment Delivered on September 3, 2026 Sri Krishna…
