SREE GOKULAM CHIT AND FINANCE COMPANY vs SHYNI RAMACHANDRAN — 304865/2015

Case under Negotiable Instruments Act, 1881 Section 138. Disposed: Contested--CONVICTED AND FINED on 02nd May 2026.

ST - SUMMARY TRIAL

CNR: KLKT120027002024

Case disposed

Filing Number

304865/2015

Filing Date

31-12-2015

Registration No

304865/2015

Registration Date

31-12-2015

Court

Judicial First Class Magistrate Court-1, Pala

Judge

1-JUDICIAL FIRST CLASS MAGISTRATE-1 PALA

Decision Date

02nd May 2026

Nature of Disposal

Contested--CONVICTED AND FINED

Acts & Sections

NEGOTIABLE INSTRUMENTS ACT Section 138

Petitioner(s)

SREE GOKULAM CHIT AND FINANCE COMPANY

Respondent(s)

SHYNI RAMACHANDRAN

Hearing History

Judge: 1-JUDICIAL FIRST CLASS MAGISTRATE-1 PALA

02-05-2026

Disposed

29-04-2026

Order/Judgement

28-04-2026

For Hearing

24-04-2026

For Further Hearing

21-04-2026

For Hearing

Final Orders / Judgements

02-05-2026
Judgement

Case Summary: S.T. 4865/2015 The court convicted Shyni Ramachandran under Section 138 of the Negotiable Instruments Act for issuing a dishonored cheque worth ₹97,332. Ramachandran, as surety for a chit subscriber, issued cheque No. 354791 dated 17/07/2010 to Sree Gokulam Chit and Finance Company to clear chit arrears, but the cheque was returned unpaid due to insufficient funds. The court found all essential elements proven: cheque execution, legally enforceable debt, dishonor on funds insufficiency, and proper statutory notice compliance. The accused provided only bare denial without credible evidence. Sentence: 6 months simple imprisonment and ₹97,332 fine (additional 1 month imprisonment if fine unpaid); fine amount payable to complainant as compensation. This case analysis is maintained by casestatus.in based on publicly available court records.

casestatus.in Summary

Case Summary: S.T. 4865/2015 The court convicted Shyni Ramachandran under Section 138 of the Negotiable Instruments Act for issuing a dishonored cheque worth ₹97,332. Ramachandran, as surety for a chit subscriber, issued cheque No. 354791 dated 17/07/2010 to Sree Gokulam Chit and Finance Company to clear chit arrears, but the cheque was returned unpaid due to insufficient funds. The court found all essential elements proven: cheque execution, legally enforceable debt, dishonor on funds insufficiency, and proper statutory notice compliance. The accused provided only bare denial without credible evidence. Sentence: 6 months simple imprisonment and ₹97,332 fine (additional 1 month imprisonment if fine unpaid); fine amount payable to complainant as compensation. This case analysis is maintained by casestatus.in based on publicly available court records.

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