Lokmat News Network
Chhatrapati Sambhajinagar:
In a cheque dishonour case, accused Shaikh Wasim has been convicted by additional chief judicial magistrate Chaitanya H. Kulkarni (April 9) and sentenced to one month’s imprisonment along with a fine of Rs 2.95 lakh. Failure to pay the fine will result in an additional one month of simple imprisonment.
The court directed that the fine amount, after the appeal period, be paid to the complainant as compensation. The accused must also pay Rs 2,000 as litigation costs within a month, failing which he will undergo five days of simple imprisonment.
Case details: Shaikh Wasim, a resident of Paithan Gate, had borrowed Rs 2.5 lakh from Khan Kashif Jafar of Baijipura in October 2023, promising repayment within two months. After failing to repay, he issued a cheque dated January 10, 2024, which was dishonoured on January 12. Despite a legal notice on January 23, he did not pay, leading to the case.
The court, citing Supreme Court rulings, held the cheque as proof of a legally enforceable debt and convicted the accused. Advocate Prashant Rathi represented the complainant, assisted by advocates Kalyan Khole Patil and Suyog Rathi.