Acting under Section 255(2) of Cr.P.C.,
both accused are held guilty and convicted for
the offence punishable under Section 138 of
Negotiable Instruments Act.
They are together sentenced to pay a fine of
₹10,00,000/-. In default to pay fine, they
shall undergo simple imprisonment for a
period of four months.
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C.C.No. 54449/2024
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Out of the realized fine amount, a sum of
₹9,90,000/- is ordered to be paid to the
complainant as compensation and the
remaining sum of ₹10,000/- shall be remitted
to State.
Bail bonds executed by accused shall
stand cancelled.