M/s.Vignesh Enterprises v. K.Vasanthi Ramesh
Case brief
What is this about?
Appeal against acquittal in a cheque-dishonour case where the complainant alleged the cheque was issued under a compromise agreement towards the second accused's debt. Holding the defence of coercion an afterthought and presumptions unrebutted, the High Court convicted the first accused, who was the drawer, imposing a fine of twice the cheque amount as compensation, and allowed the appeal.
What did the court decide?
Acquittal set aside; first convicted under s.138 NI Act and fined Rs.6,65,978/- (twice cheque amount) within two months, failing which simple imprisonment six months; fine to be disbursed to complaina