Cheques Bounced: FIR sought against cotton mills CEO
Muhammad Kamran submitted that the CEO and the director had deposited 12 cheques for Rs1.5 million each
LAHORE:
An additional district and sessions judge on Saturday sought comments from the Civil Lines SHO on a petition filed by the Bank of Punjab seeking a case against the CEO and the director of a cotton mills company for issuing cheques that had allegedly bounced. Muhammad Kamran, a BOP law officer, submitted that the CEO and the director had deposited 12 cheques for Rs1.5 million each. He said three cheques had bounced. He said when the bank contacted them they had not done anything to return the money. He requested the court to direct the SHO to register an FIR against them.
Published in The Express Tribune, April 24th, 2016.
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