A local court has convicted Anup Sharma, director, AK Vidya Mandir Pvt Ltd (a coaching institute) in connection with a a cheque bounce case and sentenced him to 6 months simple imprisonment. The case pertains to a payment of ₹1.5 lakh due for advertising services.
The case pertains to a payment of ₹1.5 lakh due for advertising services. (HT File)
The coaching institute had approached Rajesh Monga, proprietor of Monga Advertising, to publish advertisements in various newspapers. After the advertisements were published, the company issued two cheques for ₹75,000 each as payment.
However, both cheques bounced when presented to the bank. Other company directors, Kailash Sharma and Anusuya Sharma, did not appear in court and had earlier been declared proclaimed persons as per Monga’s counsel Rohit Ummat.
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