THE AKSHAYA CO OPERATIVE CREDIT SOCIETY LTD HONAVAR. vs Ibrahim Yusuf Sab R/o Near Purabhavan Muncipal Hall , Prabhatnagar, Post Honavar, Taluk Honavar. — 199/2024

Case under Negotiable Instruments Act, 1881 Section 200,. Disposed: Contested--CONVICTED on 07th March 2026.

C.C. - CRIMINAL CASES

CNR: KAUK610005972024

Case disposed

e-Filing Number

-

Filing Number

199/2024

Filing Date

07-07-2022

Registration No

199/2024

Registration Date

26-07-2024

Court

SENIOR CIVIL JUDGE AND JMFC, HONAVAR

Judge

526-SENIOR CIVIL JUDGE and JMFC HONAVARA

Decision Date

07th March 2026

Nature of Disposal

Contested--CONVICTED

Acts & Sections

NEGOTIABLE INSTRUMENTS ACT Section 200,

Petitioner(s)

THE AKSHAYA CO OPERATIVE CREDIT SOCIETY LTD HONAVAR.

Adv. Gajanan G Bhat

Respondent(s)

Ibrahim Yusuf Sab R/o Near Purabhavan Muncipal Hall , Prabhatnagar, Post Honavar, Taluk Honavar.

Hearing History

Judge: 526-SENIOR CIVIL JUDGE and JMFC HONAVARA

07-03-2026

Disposed

28-02-2026

JUDGMENTS

11-02-2026

JUDGMENTS

09-01-2026

ARGUMENTS

22-12-2025

ARGUMENTS

Final Orders / Judgements

07-03-2026
Judgment

Court Decision Summary The Honnavar court convicted Ibrahim Yusuf Sab under Section 138 of the Negotiable Instruments Act for issuing a cheque for Rs. 3,65,000 that bounced due to insufficient funds. The court found the accused liable for the debt as both a borrower and guarantor of multiple loans, and determined he failed to repay despite receiving a legal demand notice. Sentence: Fine of Rs. 5,00,000 (with 6 months imprisonment in default); Rs. 4,95,000 ordered as compensation to the complainant credit society. This case analysis is maintained by casestatus.in based on publicly available court records.

Interim Orders

30-10-2024
Plea
09-07-2025
313 Statement
23-08-2025
Deposition
17-09-2025
Deposition
casestatus.in Summary

Court Decision Summary The Honnavar court convicted Ibrahim Yusuf Sab under Section 138 of the Negotiable Instruments Act for issuing a cheque for Rs. 3,65,000 that bounced due to insufficient funds. The court found the accused liable for the debt as both a borrower and guarantor of multiple loans, and determined he failed to repay despite receiving a legal demand notice. Sentence: Fine of Rs. 5,00,000 (with 6 months imprisonment in default); Rs. 4,95,000 ordered as compensation to the complainant credit society. This case analysis is maintained by casestatus.in based on publicly available court records.

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