Authority: Supreme Court of India
Order Date: 13-07-2026
Case Overview
- Parties: Petitioner NUKESH KUMAR; Respondent PUNJAB NATIONAL BANK.
- The matter arose from Special Leave Petition (Criminal) Diary No.30340/2026 concerning a cheque‑bounce offence under Section 138 of the Negotiable Instruments Act, 1881.
- The petitioner was convicted in Criminal Revision No.199 of 2024, sentenced to six months imprisonment and ordered to pay Rs 1,40,000 compensation to the bank. Rs 98,000 had already been deposited in the lower courts.
- The petitioner filed IA No.164481 of 2026 seeking exemption from surrendering within the prescribed time.
Final Outcome
- The Supreme Court allowed the exemption from surrendering until the next date of listing, conditional on the petitioner depositing the remaining compensation amount (Rs 42,000) within two weeks in the Registry of the Court.
- The Office was directed to process the matter in accordance with the applicable rules.
Topics: Cheque Bounce Conviction, Bank Compensation