x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   'Governor may dissolve J&K Assembly within 2 days' | Former Ministers want plum postings for favourite Babus | Anti-graft bodies for no NOC, plum posting to tainted officials | Stakeholders pin hopes on Governor's Admin, demand probe into alleged bunglings | Despite NC neta's advice, former JNU leader deactivates her account | PDD exposed for its wrong doings | Construction of 7 hostel buildings under PMDP stopped | Despite repeated appeals PDD, administration unmoved | Probe ordered into subletting of operation of LAWDA STPs | Div Com felicitates Sunny Nanda, team | JTC, SKF express concern over failure of Govt | Prashar biradari holds 35th annual congregation | Recruitment process in F&ES concludes | CUJ organizes 2-day book exhibition | Former Director Info expresses grief over demise of Jagdev Singh | JKGB handovers PMJJBY claims to nominee | Khelo India competitions of Hiranagar Block get underway | DPS wins medals in rope skipping championship | DPS Nagbani organizes Skipping Rope Competition | Village Lambardar campaigns in Panchayat elections | Delay in shifting of utilities has hampered developmental projects in JK | Nephrology Department at SSH Jammu to become headless | Death of newly born in NICU ward, family smash window panes | Finally Ram Madhav visits Kishtwar | HC orders eviction of unauthorized occupants including ex-ministers from Estate buildings | 10 Ramnagar villages suffer for want of road connectivity | People resent Govt decision of depositing licensed weapons | 2 months mid day meal ration for 14 schools embezzled | Basant Rath transferred; Alok Kumar is new IGP Traffic | Bid to de-congest Anantnag town by Municipal Committee fails | Absconding for 25 years, rape accused held | Manavadhakar National Party discusses issues of KP Community | Nawab Rehbar Services clarifies | Students of KNIT bring Laurels | J&K Interschool Taekwondo Championship conducted | SMVD University faculty presents paper in World Congress, Greece | Shiksha Niketan organizes anti cracker awareness | Admin sets June 2019 deadline for completion of first phase of digitization of land records | Rana meets Governor, seeks revival of heritage route to Mata Vaishno Devi | Train every stakeholder to be better prepared to deal any disasters': Vyas | Ganai reviews functioning of Technical Education Deptt | Navin Choudhary reviews status of court cases under Special Provisions Act | Speaker reviews status of Legislature Complex, renovation of MLA hostels | Landslides blocks Rajouri-Budhal-Reasi road | Dismantle illegal stone crushers, HMPs, Brick-kilns, ors or face consequences: Harsh | Lal Singh reviews process of filing nomination papers by DSS candiadtes | MCP fails to keep Poonch town clean | Anti-mine boots procured for soldiers in forward posts in J&K: Army commander | Kargil coldest at minus 6.5 degrees minimum temperature | Advisor Kumar, CS announce several dev projects for Chadoora, Charar-e-Sharief | 2 vehicles seized for illegal mining at Bari Brahmana | Div Com issues avalanche warning | Settlement Commissioner reviews progress of digitization of land records | Congress seeks action against those who abduct elected candidate | EJAC delegation calls on Advisor KK Sharma | Phase-IV: 1382 candidates in fray for 531 Sarpanch halqas, 5201 for 4140 Panch wards | Militants behind Kishtwar killings will be neutralised soon: Ram Madhav | Plan to disrupt panchayat polls foiled as Army kills Pak intruder | 2 months mid day meal ration for 14 schools embezzled | No bus service for Khawas from last 2 years | Two terrorists killed in infiltration bid in Keren sector | 5 persons taken into preventive custody | DB directs Home Secy to file compliance or appear in person | SBM employees protest, demand regularisation | Woman held with 20 grenades, ammunition on Srinagar outskirts | Tourism sector badly affected in Kashmir by violence | Scope of Rural Tourism | Teaching of English need at glance | Honor of martyrs - Just a melodrama | Back Issues  
 
news details
CCB defaulter gets 3 months imprisonment, Rs 2.5 lakh fine
8/25/2018 11:02:12 PM
Early Times Report
Jammu, Aug 25: Tightening the noose around the habitual defaulters, the City Judge Jammu convicted a loan defaulter of Citizen's Co-operative Bank Ltd branch Channi Himmat Jammu for 3 months imprisonment along with a fine of Rs 2.5 lakh under section 138 NI Act.
As per court order, Aditya Bakshi son of Swadesh Mitter Bakshi was convicted for not re-paying a car loan of Rs 4.63 lakh which was availed by him in 2014. Aditya Bakshi had issued a cheque to bank for Rs 1.91 lakh but same was dishonored and subsequently bank filed a suit against him in the court of City Judge Jammu through advocate Rajinder Singh.
The court observed that statement of the accused Aditya Bakshi which appeared to be confessional in nature, because the accused has admitted all allegations against him viz that accused obtained loan for purchase of the car to liquidate the part liability towards the complainant, accused issued a cheque bearing No. 069874 dated 06.03.2017 for amount of Rs 1. 91 lakh. Further, the cheque so issued by the accused was presented by the complainant bank with the banker of the accused and same got dishonored on the count of reason "Funds Insufficient" consequent upon demand notice dated 11.03.2017 was served upon the accused by the complainant bank whereby and where under the accused was asked to make payment of Rs 1.91 lakh within 15 days from the date of receipt of said notice. The accused having received the said notice failed to make the payment to the complainant bank. Thus all the ingredients of section 138 NI Act are satisfied and as consequence of which, the accused is liable to be convicted as such.
The order further reads that accordingly and in view of the above, the accused is hereby convicted u/s 138 NI Act and sentenced to undergo simple imprisonment for period of three months and fine to the tune of Rs 2.5 lakh payable to the complainant as compensation. Accused present in the court be taken into custody and be sent to District Jail Ambphalla, Jammu to suffer imprisonment. The copy of the order be provided to the accused free of costs.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU