Court award six months imprisonment and fine Rs 40 lacs in cheque bounce case

Court award six months imprisonment and fine Rs 40 lacs in cheque bounce case

JKUT (Jammu), November-29-2021-( JNF):-   Special Municipal Mobile Magistrate Jammu Parveen Pandoh today awards six months imprisonment and fine Rs 40 lacs to Ranjeet Kour in cheque bounce case.

          Special Municipal Magistrate Jammu after hearing both the sides observed that the accused has failed to raise probable defence which creates doubt about the existence of legal enforcable debt or liability. The issuance of cheques, dishonour of the cheques and non-payment of money by the accused within 15 days from the receipt of demand notice has been proved but the accused could not raise a probable defence about the non-existence of legally enforable debt or that the liability stands discharged as alleged and ordered that Ranjeet Kour is sentenced to undergo simple imprisonment for six months and a fine of Rs. 40.00 lacs (alongwith 6% simple interest from the date of cheque till the date of this judgment. The fine shall be paid to legal heirs of complainant as compensation. Court further directed that accused to undergo simple imprisonment of two months in default of payment of fine. JNF