Acting under Section 255(2) of Cr.P.C.,
accused No.1 and 2 are held guilty and
convicted for the offence punishable under
Section 138 of Negotiable Instruments Act.
Accused are sentenced to pay a fine of
₹1,02,00,000/- (Rupees One Crore and Two
Lakhs Only). In default to pay fine, accused
No.2 shall undergo simple imprisonment for a
period of one year.
Out of the realized fine amount, a sum of
₹1,01,90,000/- (Rupees One Crore One
Lakh and Ninety Thousand Only) is ordered
to be paid to the complainant as
compensation and the remaining sum of
₹10,000/- (Ten Thousand Only) shall be
remitted to State.