Man sent to jail for 15 days for bounced cheque

A man has been sentenced to 15 days in jail by a Delhi court for dishonouring of his cheque worth Rs 25,000 due to insufficient fund in his account.

New Delhi: A man has been sentenced to 15 days
in jail by a Delhi court for dishonouring of his cheque worth Rs 25,000 due to insufficient fund in his account.

Metropolitan Magistrate Gaurav Gupta also ordered convict
Alok Kumar, a city resident, to pay Rs 34,000 as compensation
to the complainant.

"Keeping in view the facts and circumstances of the case
and also the object behind enactment of section 138 (dishonour
of cheque for insufficient funds in account) of the Negotiable
Instruments Act, the convict is sentenced to undergo simple
imprisonment for a period of 15 days.

"Further, the convict is directed to pay a compensation
of Rs 34,000 to the complainant within a period of 30 days
from today. In case of default in payment of the compensation
amount, the convict shall further undergo simple imprisonment
for a period of 6 months," the court held.

The court passed the orders on a complaint filed by Vinod
Kumar Verma, a Delhi resident, who had alleged that Singh had
taken a "friendly loan" of Rs 25,000 from him in 2006 but the
cheque issued to pay back the money was dishonoured with
remarks "insufficient funds" in the same year.

The accused had denied the allegations contending that he
had issued the cheque as earnest money for a property deal.

He said the property deal could not materialise as they
failed to agree on the price but the cheque was not returned
to him by the complainant, a property dealer, and he threatened him instead of arrest.

The complainant, however, rebutted it saying it was
"nothing but a bundle of lies".

The court after going through various documents submitted
by the complainant, convicted Kumar, observing that "despite
the service of notice, the accused failed to make payment
within the stipulated period".

PTI

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