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Cheque Bounce Case | Man gets 1 yr jail, asked to pay over Rs 32 lakh compensation  A neighborhood court here condemned a man to detainment of one year and requested him to pay a remuneration from over Rs 32 lakh in a check bob case. Judge Small Causes Court Srinagar, Fayaz Ahmad Qureshi, condemned one SikanderKhursheed to go through a detainment of one year and guided him to pay a pay of Rs 32,24,000 to a lady consistent in the check skip case. While granting the sentence to the denounced, the court saw that the object of bringing Section 138 of the Negotiable Instruments Act or resolution is to instill confidence in the adequacy of banking activities and believability in executing business on debatable instruments. This arrangement, the court said, was integrated to uphold severe risk undoubtedly. "The law connecting with debatable instruments is the law of business world enacted to work with the exercises in exchange and trade making arrangement of giving sacredness to the inst...