Aishwarya Fianace Corporation (R) Kandlur Rep by Mohini Shettigar vs Sachidananda Hegde — 1603/2023

The accused, Sachidananda Hegde, has been formally charged under Section 138 of the Negotiable Instruments Act for issuing a cheque (No. 117337 dated 28-03-2019) for Rs. 1,67,070/- that was dishonored due to insufficient funds. The charges relate to a loan of Rs. 5,00,000/- lent by Aishwarya Finance Corporation on 30-10-2014, of which the accused had paid only partial amounts and failed to repay the balance despite legal notice. The case has been framed with charges, and the accused was called upon to plead guilty or present a defense (dated 24-02-2025). This case analysis is maintained by casestatus.in based on publicly available court records.