 Early Times Report
Srinagar, Feb 13: A Pulwama-based businessman has been acquitted in a Rs 13 lakh cheque bounce case after the Court of Sub Judge Srinagar ruled that the complainant failed to establish the existence of a legally enforceable debt, a mandatory requirement for conviction under Section 138 of the Negotiable Instruments Act. The Court of Sub Judge Srinagar has acquitted Wasim Raja Khan of Pulwama in a cheque bounce case filed by Mohammad Ismail Qureshi of Sonwar, Srinagar, after determining that the complainant failed to establish the existence of a legally enforceable debt a foundational requirement under Section 138 of the Negotiable Instruments Act. In a judgment delivered on February 12, 2026, Sub Judge Junaid Imtiaz Mir held that while a cheque for Rs 13,00,000/- (bearing No. 606815 dated January 15, 2021) was admittedly drawn on the accused’s account with Jammu and Kashmir Bank’s Pulwama branch and subsequently dishonored for “insufficient funds” when presented on February 8, 2021, the prosecution failed to prove that this cheque was issued to discharge any debt owed specifically to the complainant, asper news agency Kashmir News Corner — KNC. |
