Man gets 1-year jail in cheque-bounce case

Tribune News Service

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Chandigarh, July 1

Sumit Singla, against whom the CBI has framed charges in a Rs 48.66 crore bank fraud case, was awarded one-year simple imprisonment in a cheque bounce case by a local court here today. The court has also ordered him to give a compensation amount of Rs 32,000 to the complainant.

Singla was booked under Section 138 of the Negotiable Instruments Act after he failed to return Rs 32,000 taken from his friend Suresh Kumar, Head Constable, two years ago. He had first given a cheque to him but it bounced.

Later, when the Head Constable asked him to return the money, Singla refused to give the amount. Following which, a plaint was lodged in the court. The court of Civil Judge Baljinder Kaur today awarded the sentence.

In another fraud case involving him, the CBI court had framed charges against Inderjit Singh, senior manager, Punjab and Sind Bank, Tarsem Singla, director and authorised signatory of Aakriti Constructions, his wife Suman Singla, his son Sumit Singla and proprietor M/S Gupta and Company, Sham Lal Jindal. As per the CBI, the total loss incurred by the bank amounted to Rs 48,66,00179 and the fraud was committed from 2009 to 2013.