CHINMAY FINLEASE LIMITED vs Manas Biswal — 4748/2025

Case under Payment and Settlement Act 2007 Section 25. Disposed: Contested--JUDGMENT BY CONVICTION on 17th April 2026.

eCC - eCRIMINAL CASE

CNR: GJAH280055002025

Case disposed

e-Filing Number

24-04-2025

Filing Number

4254/2025

Filing Date

25-04-2025

Registration No

4748/2025

Registration Date

25-04-2025

Court

SARAS N.I. Courts, CJM, Ahmedabad City

Judge

4-ADDITIONAL CHIEF JUDICIAL MAGISTRATE, SARAS N.I. COURT NO. 4. CJM COURTS, AHMEDABAD CITYI

Decision Date

17th April 2026

Nature of Disposal

Contested--JUDGMENT BY CONVICTION

Acts & Sections

PAYMENT AND SETTLEMENT ACT 2007 Section 25

Petitioner(s)

CHINMAY FINLEASE LIMITED

Adv. MR SHAH SWAPNIL PRAVIN

Respondent(s)

Manas Biswal

Hearing History

Judge: 4-ADDITIONAL CHIEF JUDICIAL MAGISTRATE, SARAS N.I. COURT NO. 4. CJM COURTS, AHMEDABAD CITYI

17-04-2026

Disposed

15-04-2026

JUDGEMENT

02-04-2026

JUDGEMENT

17-03-2026

JUDGEMENT

11-03-2026

JUDGEMENT

Final Orders / Judgements

17-04-2026
JUDEGEMENT

The court found the accused, Manas Biswal, guilty under the Payment and Settlement Act 2007, Section 25 for dishonoring an electronic funds transfer (ECS mandate) initiated to recover a loan of ₹1,40,573. The accused received financing from Chinmay Finlease Limited but failed to pay the monthly installment despite receiving a notice, violating the legal obligation to settle the debt within 15 days. The court sentenced him to 1 year rigorous imprisonment and ordered compensation of ₹1,40,573 within 30 days, with an additional 3-month imprisonment if compensation is not paid. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

The court found the accused, Manas Biswal, guilty under the Payment and Settlement Act 2007, Section 25 for dishonoring an electronic funds transfer (ECS mandate) initiated to recover a loan of ₹1,40,573. The accused received financing from Chinmay Finlease Limited but failed to pay the monthly installment despite receiving a notice, violating the legal obligation to settle the debt within 15 days. The court sentenced him to 1 year rigorous imprisonment and ordered compensation of ₹1,40,573 within 30 days, with an additional 3-month imprisonment if compensation is not paid. This case analysis is maintained by casestatus.in based on publicly available court records.

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