SHRI RAM FINANCE LTD. POWER OF ATTORNEY HOLDER NISHARAHEMAD GULAMAHEMAD SHEKH vs SAJJADBHAI MUSTUFABHAI SHEKH Advocate - N G KURESHI — 3550/2024
Case under Negotiable Instruments Act, 1881 Section 138. Disposed: Contested--JUDGMENT BY ACQUITTAL on 24th March 2026.
CC - CRIMINAL CASE
CNR: GJSN020050372024
Filing Number
3550/2024
Filing Date
25-Nov-2024
Registration No
3550/2024
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.SAJJADBHAI MUSTUFABHAI SHEKH Advocate - N G KURESHI
Case History
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Case disposedDisposed
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24-Mar-2026
JudegementView PDF
Case Summary: CC No. 3550/2024 Court Decision: The court acquitted the accused (Sajjadbhai Mustufabhai Shekh) of cheque dishonor charges under Section 138 of the Negotiable Instruments Act. The court found that although two post-dated cheques (₹2,30,000 and ₹4,82,787) were dishonored due to insufficient funds, the underlying loan agreement was terminated when the finance company repossessed and sold the vehicle, adjusting the sale proceeds against the loan. This legally extinguished the enforceable debt liability, making the subsequent cheque dishonor not prosecutable under Section 138. 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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19-Feb-2026
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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02-Jan-2026
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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18-Dec-2025
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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20-Nov-2025
Final Arguments
4th Addl. Sr. CIVIL Judge & A.C.J.M.
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28-Oct-2025
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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25-Sep-2025
Final Arguments
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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02-Sep-2025
Further Statement
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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07-Aug-2025
Evidence Of Complainant
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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11-Jul-2025
Evidence Of Complainant
3rd Addl. Sr. CIVIL Judge & A.C.J.M.
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17-Jun-2025
Evidence Of Complainant
Addi CIVIL Judge & J.M.F.C
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09-Jun-2025
Evidence Of Complainant
Addi CIVIL Judge & J.M.F.C
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08-May-2025
Evidence Of Complainant
Addi CIVIL Judge & J.M.F.C
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07-Apr-2025
Evidence Of Complainant
Addi CIVIL Judge & J.M.F.C
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03-Mar-2025
Warrant Of Arrest
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. 3550/2024
Case Summary: CC No. 3550/2024 Court Decision: The court acquitted the accused (Sajjadbhai Mustufabhai Shekh) of cheque dishonor charges under Section 138 of the Negotiable Instruments Act. The court found that although two post-dated cheques (₹2,30,000 and ₹4,82,787) were dishonored due to insufficient funds, the underlying loan agreement was terminated when the finance company repossessed and sold the vehicle, adjusting the sale proceeds against the loan. This legally extinguished the enforceable debt liability, making the subsequent cheque dishonor not prosecutable under Section 138. This case analysis is maintained by casestatus.in based on publicly available court records.
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