Court awards six-month imprisonment, Rs 40 lakh fine in cheque bounce case

STATE TIMES NEWS

JAMMU: Special Municipal Mobile Magistrate Jammu, Parveen Pandoh on Monday awarded six months imprisonment and fine of Rs 40 lakh to Ranjeet Kour in a cheque bounce case.
The Special Municipal Magistrate Jammu, after hearing both the sides, observed that 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 cheques and non-payment of money by the accused within 15 days from receipt of demand notice has been proved but the accused could not raise a probable defence about non-existence of legally enforable debt or that liability stands discharged as alleged. “Ranjeet Kour is sentenced to undergo simple imprisonment for six months and a fine of Rs 40 lakh (along with 6 per cent simple interest from the date of cheque till date of this judgment.) The fine shall be paid to legal heirs of complainant as compensation,” directed Court, adding that accused will undergo simple imprisonment of two months in default of payment of fine.

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