District Mobile Magistrate Sopore Jehangir Bakshi convicts a man for 18 months long imprisonment along with fine of Rs 180000 coupled with 9% rate of interest in connection with a cheque bounce case.
Accordingly, the complainant approached the said court who was issued a cheque in 2013 which was not honoured by the concerned bank. Subsequently, a case was filed against the accused before the District Mobile Magistrate Sopore under section 138 of Nagotiable Instruments Act.
Moreover, the default of fine shall under go further imprisonment of 6 months. The amount will be paid as compensation amount to the complainant.