Faridkot SAD leader jailed in cheque bounce case
Ramandeep issued five cheques worth Rs 2.06 crore (three of Rs 50 lakh each and two of Rs 28 lakh each) to Punsup. These were dishonoured due to insufficient balance in accounts.Updated: Nov 02, 2017 16:19 IST
Shiromani Akali Dal (SAD) leader and mill owner Ramandeep Singh has been sent to Modern Jail, Faridkot, after an additional district and sessions court dismissed his appeal, challenging his conviction by a lower court in January 2017. Ramandeep, a former president of Truck Union, Faridkot, was jailed for a year after five cheques of around Rs 2 crore that he had issued to Punjab State Civil Supplies Corporation (Punsup) in January 2013, bounced.
In the 2011-2012 paddy season, Punsup district manager gave a contract for custom-mulling of paddy of around Rs 2.6 crore to Farid Cotton Ginning and Rice Factory that Ramandeep owned. The mill had to convert around 73,000-quintal paddy into the rice after customisation and deliver it to Punsup. The firm neither delivered the rice nor returned the paddy to Punsup.
Ramandeep issued five cheques worth Rs 2.06 crore (three of Rs 50 lakh each and two of Rs 28 lakh each) to Punsup. These were dishonoured due to insufficient balance in accounts.
Finally, in January 2017, a lower court sentenced Ramandeep to one-year in jail and fined him Rs 10,000 for each of five cases of cheques that were dishonoured, under Section 138 of Negotiable Instruments Act. He was bailed out the same day. Later, he filed an appeal against the judgment in the higher court.
First Published: Nov 02, 2017 16:19 IST