VKS AGRO HI TECH RICE INDUSTRIES REP BY MANAGING PARTNER RAJESHWARI vs SRI ATHANOOR AMMAN TRADERS REP BY PROPRIETOR KRISHNAMOORTHY — 150/2022

The appellate court dismissed the criminal appeal and upheld the trial court's conviction of the accused under Section 138 of the Negotiable Instrument Act for issuing a cheque worth Rs. 12,71,317 that was dishonored due to insufficient funds. The court found that the signature on the cheque belonged to the second accused (a partner in the business), that a legally enforceable debt existed between the parties from their paddy business transaction evidenced by bank transfers of Rs. 40,00,000, and that the cheque was issued to discharge this debt. The second accused was sentenced to six months simple imprisonment with an additional one-month sentence if compensation payment failed. This case analysis is maintained by casestatus.in based on publicly available court records.