Srinagar, Apr 08 (KNO): A local court on Saturday sentenced a man to two years imprisonment in a cheque bounce case and imposed a penalty of Rs 10 lakh on him.
The Court of Special Magistrate (PT&E) sentenced the accused, who was identified as Altaf Hussain Rather, to two years simple imprisonment after finding him guilty for the commission of offense under section 138 of the Negotiable Instrument Act.
“A fine of Rs 1000000 (Rupees ten lacs) which is double the cheque amount is also imposed upon the accused. The fine of Rs 1000000(Rupees ten lacs) so imposed shall be paid as compensation to the complainant,” the judge Fariqa Nazir said, in an order, a copy of which is in possession of news agency—Kashmir News Observer (KNO)—(KNO)
