UCO Bank vs Comet Infra Projects Private Limited Advocate - A S JAIN — 5724/2025
Case under Negotiable Instruments Act, 1881 Section Section138. Disposed: Contested--JUDGMENT BY CONVICTION on 23rd March 2026.
eCC - eCRIMINAL CASE
CNR: GJAH280052812025
e-Filing Number
18-04-2025
Filing Number
1193/2025
Filing Date
23-04-2025
Registration No
5724/2025
Registration Date
24-04-2025
Court
SARAS N.I. Courts, CJM, Ahmedabad City
Judge
1-ADDITIONAL CHIEF JUDICIAL MAGISTRATE, SARAS N.I. COURT NO. 1. CJM COURTS, AHMEDABAD CITY
Decision Date
23rd March 2026
Nature of Disposal
Contested--JUDGMENT BY CONVICTION
FIR Details
Police Station
ELLISBRIDGE POLICE STATION - AHMEDABAD CITY
Year
0
Acts & Sections
Petitioner(s)
UCO Bank
Adv. MR PATEL LALITKUMAR MULCHANDBHAI
Respondent(s)
Comet Infra Projects Private Limited Advocate - A S JAIN
Hearing History
Judge: 1-ADDITIONAL CHIEF JUDICIAL MAGISTRATE, SARAS N.I. COURT NO. 1. CJM COURTS, AHMEDABAD CITY
Disposed
JUDGEMENT
JUDGEMENT
FINAL ARGUMENTS
FINAL ARGUMENTS
| Date | Purpose |
|---|---|
| 23-03-2026 | Disposed |
| 20-03-2026 | JUDGEMENT |
| 17-03-2026 | JUDGEMENT |
| 16-03-2026 | FINAL ARGUMENTS |
| 12-03-2026 | FINAL ARGUMENTS |
Final Orders / Judgements
Summary The court convicted Comet Infra Projects Private Limited and its two directors, Shaival Sunil Parikh and Shail Rahulbhai Shah, under Sections 138 and 141 of the Negotiable Instruments Act, 1881, for dishonoring a cheque worth Rs. 2,06,31,583 that was issued to UCO Bank as payment for a term loan. The accused failed to respond to the bank's statutory notice demanding payment within 15 days, and no credible evidence was presented to rebut the presumption that the cheque was issued for a legally enforceable debt. The court sentenced the accused to 2 years simple imprisonment and imposed fines totaling Rs. 4,12,63,166, with partial compensation of Rs. 2,10,00,000 to be paid to the bank. This case analysis is maintained by casestatus.in based on publicly available court records.
Summary The court convicted Comet Infra Projects Private Limited and its two directors, Shaival Sunil Parikh and Shail Rahulbhai Shah, under Sections 138 and 141 of the Negotiable Instruments Act, 1881, for dishonoring a cheque worth Rs. 2,06,31,583 that was issued to UCO Bank as payment for a term loan. The accused failed to respond to the bank's statutory notice demanding payment within 15 days, and no credible evidence was presented to rebut the presumption that the cheque was issued for a legally enforceable debt. The court sentenced the accused to 2 years simple imprisonment and imposed fines totaling Rs. 4,12,63,166, with partial compensation of Rs. 2,10,00,000 to be paid to the bank. This case analysis is maintained by casestatus.in based on publicly available court records.
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