Udayavni Special

Cheque bounce case: Court grants bail to late CCD founder Siddhartha’s wife


Team Udayavani, Nov 7, 2020, 2:42 PM IST

Chikkamagaluru: In a big relief to Malavika Hegde, wife of Cafe Coffee Day founder late V G Siddhartha, the Mudigere JMFC court on Saturday granted bail to her in a cheque bounce case.

A non-bailable arrest warrant had been issued against the directors of the Coffee Day Global Limited which manages the famed Cafe Coffee Day after they failed to attend court proceedings.

The Civil Judge and the JMFC of Mudigere in Chikkamagaluru had summoned the directors, including Malavika to appear before the court following a complaint by a coffee planter K Nandish.

Nandish has stated that the CDGL had purchased green coffee seeds from him and in return, the CDGL issued him 10 post-dated cheques totalling Rs 45,38,554 of Canara Bank in Chikkamagaluru branch.

When he deposited in the Axis Bank where he has the account, the cheques were dishonoured as there were insufficient funds, according to the complaint.

‘The first date of appearance was October 6. Since they failed to appear before the magistrate on the said date in spite of serving of the summons, the court has issued a non-bailable warrant.

Counsel for Nandish had told reporters that the matter has been posted to November 11 and they have to appear before the court and get the warrant recalled.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

Speculation rife in Karnataka as CM convenes meeting of cabinet, MPs

Farmers’ protest: Vigil stepped up in Delhi’s bordering areas, vehicles being checked

Khattar hits out at Amarinder, tells him to stop ‘inciting’ innocent farmers

PM Modi to visit Serum Institute of India in Pune on Saturday

Militant attack in J&K, two security personnel killed

WhatsApp OTP scam: What is it and how to stay safe?

India fighting terror with new policy, process: PM Modi



Related Articles More

Speculation rife in Karnataka as CM convenes meeting of cabinet, MPs

Police force cannot solve the problem, listen to farmers, says HD Deve Gowda

Tejasvi Surya booked for trespass on Osmania varsity campus

Fight against caste discrimination: K’taka to set-up govt-run salons

Attendance should not be made mandatory; DC Dr Rajendra K V on college re-opening

MUST WATCH

Centuries-old Tuluva ritual of ‘Bhoomipuje Gaddekori’ still performed at Palthadi Village in Puttur

A bike rider dies in a lorry crash : The scene of the accident was captured on CCTV

Moodbidri: Four people drowned in Shambhavi river

1348 new vented dams in K’taka’s coastal districts: J.C. Madhu Swamy

Karavali gets introduced to Japanese ‘kokedama’ art

Latest Additions

Speculation rife in Karnataka as CM convenes meeting of cabinet, MPs

‘Today is Punjab’s 26/11′: Sukhbir Badal on stopping farmers’ Delhi Chalo march

China, India in ‘candid, in-depth communication’ to disengage troops in eastern Ladakh: Chinese military

Farmers’ protest: Vigil stepped up in Delhi’s bordering areas, vehicles being checked

Drake comes to The Weeknd’s defence over Grammy Awards snub

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.