JASWANT SINGH vs KALYAN GUJAR — 3028/2018

Case Summary: Jaswant Singh v. Kalyan Gujar (CIS 3028/2018) Court Decision (dated 06-06-2026): The court convicted defendant Kalyan Gujar under Section 138 of the Negotiable Instruments Act, 1881 for dishonoring five cheques totaling ₹20,00,000. The court found that Gujar borrowed ₹20 lakh from petitioner Jaswant Singh on 31-03-2016, issued five post-dated cheques as repayment security (dated 07-05-2018 to 11-05-2018), which were dishonored with "Insufficient Funds" remarks. Despite legal notice, Gujar failed to pay within 15 days. The court rejected the defense argument that no actual loan transaction occurred, as the original agreement and cheques bearing Gujar's signatures proved the transaction. Sentence: 6 months imprisonment plus ₹25,00,000 compensation to the petitioner. This case analysis is maintained by casestatus.in based on publicly available court records.