A court in Nagpur has convicted Bhaktapralhad Shenbekar, chairman of Swapna Sakar Developers, for issuing a dud cheque in a land transaction dispute. He has been sentenced to one year imprisonment under Section 138 of the Negotiable Instruments Act. Additionally, he’s been ordered to pay ₹23.53 lakh in compensation to the aggrieved party within three months. Failure to pay will result in an additional year of imprisonment

This verdict reinforces the strict stance Indian courts are taking on cheque-bouncing under the Negotiable Instruments Act. Developers using post-dated cheques for land transactions should be cautious, as defaulting can incur not only imprisonment but also hefty compensation orders.

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