Acting under Section 255(2) of Cr.P.C.,
accused is held guilty and convicted for the
offence punishable under Section 138 of
Negotiable Instruments Act.
Accused is sentenced to pay a fine of
₹12,50,000/-. In default to pay fine, he shall
undergo simple imprisonment for a period of
eight months.
Out of the realized fine amount, a sum of
₹12,40,000/- 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
stands cancelled.
Office to supply a free copy of this judgment
to accused.
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