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HomeDistrict CourtsBangalore District CourtPiramal Capitaland Housing Finance ... vs Suraj Ray on 20 February, 2026

Piramal Capitaland Housing Finance … vs Suraj Ray on 20 February, 2026


Acting under Section 255(2) of Cr.P.C.,
accused is held guilty and convicted for the
offence punishable under Section 138 of
Negotiable Instruments Act.

Accused is sentenced to pay a fine of
₹6,50,000/-. In default to pay fine, accused
shall undergo simple imprisonment for a
period of four months.

Out of the realized fine amount, a sum of
₹6,40,000/- is ordered to be paid to the
complainant as compensation and the
remaining sum of ₹10,000/- shall be defrayed
to State.

Bail bonds executed by accused shall
stand cancelled.

Office to supply a free copy of this
judgment to accused.



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