This story is from December 20, 2022

Businessman turns from accused to victim in cheque bounce case

The district court on Monday granted bail and released a local businessman who was produced in the court following an arrest warrant issued against him in a cheque bounce case.
Businessman turns from accused to victim in cheque bounce case
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BHOPAL: The district court on Monday granted bail and released a local businessman who was produced in the court following an arrest warrant issued against him in a cheque bounce case.
It turned out that some fraud had opened a bank account using forged signatures and documents of the bizman and he took a loan from the finance company and later issued post-dated cheques.
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After the cheque bounced the finance company registered a complaint of cheque bounce under Negotiable Instruments Act in the court against the businessman Shabeer Hussain. Hussain didn’t turn up in the court despite the court of judicial magistrate first class (JMFC) Sheela Maina Yadav issuing a non-bailable warrant against him.
Khalid Hafeez, the counsel of the businessman concerned, said that a bailable warrant was issued against his client after a cheque bounce case was registered against him in the court of JMFC. Hussain didn't appear in the court as he was not aware of anything regarding the loan or the post-dated cheques issued for its repayment to the finance company, the counsel argued. Following his absence in the next hearing, the court issued an arrest warrant against him and when he was produced in the court, the fraud came to light.
Following arguments in the case, the court of JMFC Sheel Maina Yadav released Shabeer Husain on bail on the condition that he would be present in the court on each hearing of the case.
The case will now come up for hearing on February 14, 2023.
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