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Srinagar court convicts man in cheque bounce case, imposes Rs 9.20 lakh fine

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Srinagar court convicts man in cheque bounce case, imposes Rs 9.20 lakh fine

Srinagar, May 14: A local court in Srinagar has convicted a man in a cheque bounce case, sentencing him to one year in prison and awarded a compensation of Rs 9.20 lakh to the complainant.

The Court of 2nd Additional Munsiff (JMIC), Srinagar, presided over by Judicial Magistrate Vikas Bhardwaj, convicted Jamsheed Ahmad Khuru of Arampora Bund Road Bemina in the cheque dishonour case under Section 138 of the Negotiable Instruments Act.

The judgment was pronounced on May 8, 2026, in the case titled Showkat Ahmad Gadda versus Jamsheed Ahmad Khuru.

The complainant, Showkat Ahmad Gadda, a resident of Qamarabad Sidiq Colony, Bemina, had approached the court through Advocate Irfan Qadir & Associates, alleging that the accused, Jamsheed Ahmad Khuru of Arampora Bund Road, Bemina, had issued two cheques towards discharge of a legally enforceable liability. Upon presentation before the bank, both cheques were dishonoured due to insufficiency of funds in the accused’s account.

The court observed that despite receiving a statutory legal notice, the accused failed to clear the outstanding amount within the period prescribed under law, thereby attracting penal consequences under Section 138 of the Negotiable Instruments Act.

While recording the conviction, the court held that the complainant had successfully proved all the essential ingredients required for constituting the offence beyond reasonable doubt.

The court sentenced the accused to one year’s simple imprisonment at Central Jail Srinagar. In addition, a fine of 9,20,000 was imposed, which shall be paid entirely to the complainant as compensation.

Importantly, the court also directed that in case of default in payment, the District Magistrate Srinagar shall identify and attach the movable and immovable properties of the accused for recovery of the amount in accordance with law.

The judgment is being viewed as a strong reaffirmation of the judiciary’s commitment to maintaining financial discipline, ensuring accountability in commercial dealings and protecting public confidence in banking instruments.

Legal observers noted that the decision sends a clear message that issuing cheques without sufficient funds cannot be treated lightly and that courts remain committed to safeguarding the integrity of monetary transactions and providing effective remedies to aggrieved parties.

Greater Kashmir