SUNDARAM FINANCE LTD AUTHORISED PERSON BHAVSAR ANKUR GIRISHBHAI vs UTSAV RAJANIKANT PRANAMI — 129/2026

The court dismissed the inquiry and registered a criminal case against the accused under Section 138 of the Negotiable Instrument Act, 1881 for dishonored cheque. The magistrate relied on a Karnataka High Court precedent holding that under Section 5 of BNSS read with Section 143 of NI Act, no prior hearing is required before taking cognizance in cheque bounce cases, and issued summons to the accused for appearance on 21/05/2026. This case analysis is maintained by casestatus.in based on publicly available court records.