Singh had failed to pay an instalment on time after which the company submitted his security cheque in bank. Tribune News ServiceChandigarh, January 13A local court has acquitted a Mohali resident in a cheque-bounce case. However, the company still submitted the security cheque of Rs 3.91 lakh which was more than the amount that was due. A case was filed by Sri Ram Transport Corporation against Darshan Singh who had financed a car from them. As per his counsel, the amount payable, including the interest, was Rs 5.45 lakh out of which Rs 2.15 lakh had already been paid.
According to the Newspaper,However, the cheque was dishonoured and the company approached the court. However, the defence had pleaded in court that the bank had submitted the cheque with more amount than was due. Darshan Singh had purchased a Ford Figo car in 2012 and had taken Rs 3.91 lakh from the company.
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