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The Hindu
The Hindu
National
The Hindu Bureau, Rajulapudi Srinivas

Cheque bounce case: ₹15 lakh fine imposed

An accused in a cheque bounce case was sentenced to six months’ imprisonment and was ordered to pay a fine of ₹15 lakh by Nuzvid Special Magistrate Velpula Krishna Murthy, on Tuesday.

According to the prosecution,  Attuluri Prasad of Nuzvid had borrowed ₹10 lakh from the complainant Vadlapatla Sivaram of Surepalli village on August 24, 2018.

Later, Mr. Prasad issued a cheque for ₹10 lakh to Mr. Sivaram in August 2019 towards repayment of the debt.

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