Man jailed, fined Rs 3.5 lakh for dud cheque
A Delhi court has awarded one year rigorous imprisonment and slapped a fine of Rs3.5 lakh on a man whose cheque was dishonoured.delhi Updated: Apr 04, 2011 02:18 IST
A Delhi court has awarded one year rigorous imprisonment and slapped a fine of Rs3.5 lakh on a man whose cheque was dishonoured.
Moinuddin, 54, a resident of Laxmi Nagar in east Delhi, had issued the cheque to repay a loan taken from the complainant. Additional Chief Metropolitan Magistrate Lokesh Kumar Sharma said: “I am of the opinion that interest of justice shall be best served if convict is awarded to undergo rigorous imprisonment for one year and is also directed to pay a fine of R3.5 lakh, which shall be paid to the complainant as compensation.”
Moinuddin was convicted under section 138 of Negotiable Instruments Act that deals with dishonoured cheques. His cheque was not honoured by the bank due to insufficient funds in his account. Complainant Kuldeep Kumar, a resident of Anarkali Extension area of Shahadra in east Delhi, had lent R2.5 lakh in 2005.
"Moinuddin stopped the payment of interest on the loan. The accused later issued the cheque bearing an amount of R2.5 lakh,” said Kumar's counsel Amarjeet Rai. The court said that it was an established fact that Moinuddin appeared before it July 6, 2010 after it issued an order to proceed against him.
"The court also issued bailable warrant and a number of reminders to Moinuddin, but he never appeared before the court,” Rai said.