SHRI RAM FINANCE LTD. POWER OF ATTORNEY HOLDER NISHARAHEMAD GULAMAHEMAD SHEKH vs ISHWARBHAI GANPATBHAI THAKOR Advocate - S K PATHAN — 3548/2024
Case under Negotiable Instruments Act, 1881 Section 138. Disposed: Contested--JUDGMENT BY ACQUITTAL on 24th March 2026.
CC - CRIMINAL CASE
CNR: GJSN020050352024
Filing Number
3548/2024
Filing Date
25-Nov-2024
Registration No
3548/2024
Registration Date
25-Nov-2024
Court
CIVIL COURT SURENDRANAGAR
Judge
4-3rd Addl. Sr. CIVIL Judge & A.C.J.M.
Decision Date
24-Mar-2026
Nature of Disposal
Contested--JUDGMENT BY ACQUITTAL
Last updated 16-Jun-2026
Acts & Sections
Petitioner(s)
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1.SHRI RAM FINANCE LTD. POWER OF ATTORNEY HOLDER NISHARAHEMAD GULAMAHEMAD SHEKH
Adv. R M JOSHI
Respondent(s)
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1.ISHWARBHAI GANPATBHAI THAKOR Advocate - S K PATHAN
Case History
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Case disposedDisposed
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24-Mar-2026
JudegementView PDF
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24-Mar-2026
JudegementView PDF
Case Summary: CC No. 3548/2024 Court Decision: The court acquitted the accused (Ishwarbhai Ganpatbhai Thakor) of charges under Section 138 of the Negotiable Instruments Act, finding that the cheque was not issued for a legally enforceable debt or liability. Key Reasoning: Although the complainant (Shri Ram Finance Ltd.) proved all ingredients of a dishonored cheque, the court found that the underlying vehicle loan agreement had been discharged when the company repossessed and sold the vehicle, adjusting the sale proceeds toward loan repayment. Consequently, any cheque subsequently presented for clearance could not constitute payment for an existing debt, defeating Section 138 prosecution requirements. This case analysis is maintained by casestatus.in based on publicly available court records.
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24-Mar-2026
Disposed
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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23-Mar-2026
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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17-Mar-2026
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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24-Feb-2026
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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22-Jan-2026
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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16-Dec-2025
Judgement
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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26-Nov-2025
Judgement
4th Addl. Sr. CIVIL Judge & A.C.J.M.
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19-Nov-2025
Judgement
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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13-Oct-2025
Judgement
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
-
09-Oct-2025
Judgement
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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12-Sep-2025
Judgement
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
-
25-Aug-2025
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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28-Jul-2025
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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01-Jul-2025
Further Statement
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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13-Jun-2025
Evidence Of Prosecution
Addi CIVIL Judge & J.M.F.C
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22-May-2025
Evidence Of Prosecution
Addi CIVIL Judge & J.M.F.C
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21-Apr-2025
Evidence Of Prosecution
Addi CIVIL Judge & J.M.F.C
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17-Mar-2025
Warrant Of Arrest
Addi CIVIL Judge & J.M.F.C
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03-Mar-2025
Hearing
Addi CIVIL Judge & J.M.F.C
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17-Feb-2025
Warrant Of Arrest
Addi CIVIL Judge & J.M.F.C
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30-Jan-2025
Hearing
Addi CIVIL Judge & J.M.F.C
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25-Nov-2024
First hearing
Initial hearing scheduled
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25-Nov-2024
Case filed
Registration No. 3548/2024
Case Summary: CC No. 3548/2024 Court Decision: The court acquitted the accused (Ishwarbhai Ganpatbhai Thakor) of charges under Section 138 of the Negotiable Instruments Act, finding that the cheque was not issued for a legally enforceable debt or liability. Key Reasoning: Although the complainant (Shri Ram Finance Ltd.) proved all ingredients of a dishonored cheque, the court found that the underlying vehicle loan agreement had been discharged when the company repossessed and sold the vehicle, adjusting the sale proceeds toward loan repayment. Consequently, any cheque subsequently presented for clearance could not constitute payment for an existing debt, defeating Section 138 prosecution requirements. This case analysis is maintained by casestatus.in based on publicly available court records.
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