CA NeWs Beta*: FINE FOR MISUSE OF CHEQUE BOUNCINGThe Supreme Court imposed a fine of Rs.20,000

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Tuesday, April 24, 2012

FINE FOR MISUSE OF CHEQUE BOUNCINGThe Supreme Court imposed a fine of Rs.20,000

FINE FOR MISUSE OF CHEQUE BOUNCINGThe Supreme Court imposed a fine of Rs.20,000 in acheque bounce case for "abuse of process of court" in the case, Karuna Singh vs state of Delhi. There were allegations of criminal charges between two women and the trial was pending in the magistrate's court. Meanwhile, Karuna Singh was aggrieved by the conduct of the trial and moved the Delhi high court and the Supreme Court, though alternative remedies were available and were being pursued in the high court. "Such behaviour cannot be countenanced," the judgments said, and added that "the effort seems to be to browbeat the opposite party or the magistrate dealing with the Negotiable Instruments Act so that the proceedings progress as per her desire." – www.business-standard.com

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