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SC issues notice to Sridevi in cheque bounce case

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SC issues notice to Sridevi in cheque bounce case
Posted by ladida 248 days ago
The Supreme Court on Monday issued notice to actress Sridevi and Maharashtra government on a petition filed by film financiers alleging that Rs 10 crore cheques issued by her had bounced.

Madhu Gupta and Sushil Gupta, the owners of the three firms, alleged that the three cheques issued by the actress against a loan for production of films bounced due to insufficient funds in her account in Vijaya Bank, Santacruz branch.

The accused in the course of her business under different banners availed financial assistance and credit facilities from the petitioner. The accused to discharge her legally enforceable liability gave these cheques and all the three cheques were returned due to insufficient funds," the petition filed through K K Mani stated.

The court of Kurla Metropolitan Magistrate, on a criminal complaint filed by Guptas, had issued summons against the actress under Section 138 of the Negotiable Instruments Act.
Celebrity: Sridevi

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