Now Reading: Former BRS MLA Rohith Reddy convicted in Rs 34 lakh cheque bounce case
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Former BRS MLA Rohith Reddy convicted in Rs 34 lakh cheque bounce case
A Hyderabad court on August 7 convicted former BRS MLA Pilot Rohith Reddy in a cheque bounce case involving Rs 34.23 lakh. The first judicial magistrate, Khushboo Upadhyay, found him guilty under…
The Story in Brief
A Hyderabad court on August 7 convicted former BRS MLA Pilot Rohith Reddy in a cheque bounce case involving Rs 34.23 lakh. The first judicial magistrate, Khushboo Upadhyay, found him guilty under the Negotiable Instruments Act for issuing a cheque that bounced three times in 2014. Since Reddy was absent, the court issued a non-bailable warrant against him.
The case was filed by Intellidecs Pvt Ltd, which alleged that Reddy, as its director in 2014, diverted company resources for personal use. Reddy resigned and agreed to pay Rs 34.23 lakh in settlement, but the cheque he issued was returned unpaid. The court rejected his defence that signatures were obtained on blank documents. Sentencing will happen after he is produced before the court.
The Indian Opinion
The BRS has a chance here to show it holds its own to the same standard it demands of rivals. Some supporters are already spinning this as a technical case of a bounced cheque, not a diversion of company funds. But the court rejected the claim that signatures were taken on blank documents, and the cheque bounced three times. The real test will be whether the party asks Reddy to step back from public life until the sentence is pronounced, or whether it stays silent.
Sources (2): timesofindia.indiatimes.com, siasat.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
