Summary: Satish Kumar borrowed money, wrote checks that bounced, and now the court says he has to pay the money back.
In March 2015, Satish Kumar borrowed ₹4,00,000 from Bindu Mahajan. Later, in May, he borrowed another ₹20,00,000. He gave written promises to confirm these loans. But when it was time to pay up in 2019, the checks he wrote bounced because there wasn't enough money in his account.
Satish claimed the checks were for a property deal, not for repaying a loan. He said he never borrowed money and that the checks were misused. However, the court didn't believe him and found him guilty of not honoring the checks.
Satish appealed, but the higher court agreed with the original decision. He argued that the checks were blank and given for a different purpose. He also questioned if Bindu could really lend such a large amount. The court didn't find these arguments convincing.
Justice Dr. Swarana Kanta Sharma noted that once Satish admitted the checks were his, it was up to him to prove they weren't for a loan. His explanations didn't add up, and he couldn't prove the written promises were fake.
"A person who signs a check and hands it over is responsible unless they can prove otherwise."
The court dismissed Satish's appeal and told him to serve his sentence and pay ₹28,33,000 to Bindu. The judges were clear: the evidence showed Satish owed the money, and his defenses didn't hold up.
