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Tag: cheque bounce

Why Court Fined Maharashtra Man Rs 24 Lakh For Defaulting On 12 Lakh Loan

Posted on September 3, 2023 By admin
Why Court Fined Maharashtra Man Rs 24 Lakh For Defaulting On 12 Lakh Loan

The fine amount must extend to twice the amount of the cheque, the order stated. (Representational) Thane: A court in Maharashtra’s Thane district sentenced a man to three months of simple imprisonment and imposed a fine of Rs 24 lakh on him for failing to repay a loan. Additional chief judicial magistrate JR Mulani on…

Read More “Why Court Fined Maharashtra Man Rs 24 Lakh For Defaulting On 12 Lakh Loan” »

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