Judge SA Khalane convicted Kappan for the offence punishable under Section 138 of the Negotiable Instruments Act 1881 and sentenced him to one year of simple imprisonment.
The Court also directed him to pay ₹1.20 crore as compensation to Menon with interest at 9% from the date of the order until the entire amount is realised.
If he fails to pay compensation within one month, then Kappan has to undergo imprisonment for 6 more months.
The Court consequently issued a standing non-bailable warrant (NBW) against Kappan for his arrest through the concerned police station for execution of the sentence.
Judge SA Khalane convicted Kappan for the offence punishable under Section 138 of the Negotiable Instruments Act 1881 and sentenced him to one year of simple imprisonment.
The Court also directed him to pay ₹1.20 crore as compensation to Menon with interest at 9% from the date of the order until the entire amount is realised.
If he fails to pay compensation within one month, then Kappan has to undergo imprisonment for 6 more months.
The Court consequently issued a standing non-bailable warrant (NBW) against Kappan for his arrest through the concerned police station for execution of the sentence.
