Divyajyothi Finance and Investment Reg, Shiroor, R/by Managing Director, Purushotam Devappa Naik vs Venkatesh Laxman Naik — 540/2024

Case CC 540/2024 - Summary This is a criminal case before the First Class Judicial Magistrate Court in Ankola involving accused Venkatesh, charged under the Negotiable Instruments Act Section 138 for issuing a cheque (Check No. 099723) for Rs. 3,00,000 that was rejected by the bank with "Bank Excluded" status. The court recorded the accused's statement under CrPC Section 313 on 13/01/2025, wherein the accused was questioned about the loan transaction, the bounced cheque, and the non-repayment of borrowed funds, and was given an opportunity to present his defense and evidence. This case analysis is maintained by casestatus.in based on publicly available court records.