Man jailed in cheque bounce case

A special court here today sentenced a man to 15 months in jail and fined Rs 76 lakh in a cheque bounce case.

Special court judge S O Goel convicted Rajive Mishra under the Negotiable Instruments Act.

According to the prosecution, Jai Kumar filed a complaint, alleging that Mishra had issued a cheque of Rs 76 lakh in his favour in June 2011, but it bounced.

The court directed Mishra to pay Rs 1.52 crore including the fine to the complainant.

According to the prosecution, Mishra had cheated many people after promising them various government benefits.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel