Sumbal Court Convicts Man in Rs.7 Lakh Cheque Bounce Case, Awards Rs.10 Lakh Compensation
Sumbal, June 2 -- Suhail Rather
Judicial Magistrate 1st Class Sumbal has convicted a Baramulla resident in a cheque dishonour case under Section 138 of the Negotiable Instruments Act and sentenced him to one year of simple imprisonment, besides directing him to pay ?10 lakh as compensation to the complainant.
The case was filed by Haji Asadullah Dar of Shahgund, Hajin, who alleged that the accused, Abdul Ahad Lone of Zangum Pattan, owed him ?7 lakh arising out of fruit business transactions. According to the complaint, the accused had issued two cheques amounting to ?4 lakh and ?3 lakh, respectively, towards the discharge of the liability. However, both cheques were dishonoured by the bank due to insufficient funds.
During the trial, t...
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