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.

Case disposed

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

Negotiable Instruments Act, 1881 Section 138

Petitioner(s)

  1. 1.SHRI RAM FINANCE LTD. POWER OF ATTORNEY HOLDER NISHARAHEMAD GULAMAHEMAD SHEKH

    Adv. R M JOSHI

Respondent(s)

  1. 1.SAJJADBHAI MUSTUFABHAI SHEKH Advocate - N G KURESHI

Case History

  1. Case disposedDisposed

  2. 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.

  3. 24-Mar-2026

    Disposed

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  4. 23-Mar-2026

    Final Arguments

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  5. 17-Mar-2026

    Final Arguments

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  6. 19-Feb-2026

    Final Arguments

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  7. 02-Jan-2026

    Final Arguments

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  8. 18-Dec-2025

    Final Arguments

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  9. 20-Nov-2025

    Final Arguments

    4th Addl. Sr. CIVIL Judge & A.C.J.M.

  10. 28-Oct-2025

    Final Arguments

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  11. 25-Sep-2025

    Final Arguments

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  12. 02-Sep-2025

    Further Statement

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  13. 07-Aug-2025

    Evidence Of Complainant

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  14. 11-Jul-2025

    Evidence Of Complainant

    3rd Addl. Sr. CIVIL Judge & A.C.J.M.

  15. 17-Jun-2025

    Evidence Of Complainant

    Addi CIVIL Judge & J.M.F.C

  16. 09-Jun-2025

    Evidence Of Complainant

    Addi CIVIL Judge & J.M.F.C

  17. 08-May-2025

    Evidence Of Complainant

    Addi CIVIL Judge & J.M.F.C

  18. 07-Apr-2025

    Evidence Of Complainant

    Addi CIVIL Judge & J.M.F.C

  19. 03-Mar-2025

    Warrant Of Arrest

    Addi CIVIL Judge & J.M.F.C

  20. 17-Feb-2025

    Warrant Of Arrest

    Addi CIVIL Judge & J.M.F.C

  21. 30-Jan-2025

    Hearing

    Addi CIVIL Judge & J.M.F.C

  22. 25-Nov-2024

    First hearing

    Initial hearing scheduled

  23. 25-Nov-2024

    Case filed

    Registration No. 3550/2024

casestatus.in Summary

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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