Pune-based real estate developer Anup Parmanand Jhamtani is facing criminal proceedings after a Judicial Magistrate First Class (JMFC) court in Paud ordered the issuance of process against him under Section 138 of the Negotiable Instruments Act, 1881, in a ₹50-lakh cheque dishonour case.
The complaint was filed by businessman Mohan Pandurang Kalate, who alleged that Jhamtani had promised him ₹50 lakh for facilitating the settlement of a long-standing ancestral land dispute involving the Bhondwe family and Krushnabai alias Laxmi Bajirao Kalapure over properties in Ravet and Kiwale.
According to the complaint, Kalate facilitated meetings between the parties, eventually leading to the execution of a Confirmation Deed on January 12, 2026. He alleged that despite assurances of payment, Jhamtani failed to honour the commitment and subsequently issued a ₹50-lakh cheque dated June 30, 2026.
The cheque was returned unpaid on July 10, 2026, with the bank citing 'Payment Stopped by Drawer' as the reason. Kalate later issued a statutory demand notice, alleging that the amount remained unpaid.
After examining the complaint, verification and original documents, the court found a prima facie case and directed the issuance of process against Jhamtani. The order marks the initiation of criminal proceedings in the matter; it is not a finding of guilt.
#PuneNews #ChequeBounceCase #RealEstateNews
The complaint was filed by businessman Mohan Pandurang Kalate, who alleged that Jhamtani had promised him ₹50 lakh for facilitating the settlement of a long-standing ancestral land dispute involving the Bhondwe family and Krushnabai alias Laxmi Bajirao Kalapure over properties in Ravet and Kiwale.
According to the complaint, Kalate facilitated meetings between the parties, eventually leading to the execution of a Confirmation Deed on January 12, 2026. He alleged that despite assurances of payment, Jhamtani failed to honour the commitment and subsequently issued a ₹50-lakh cheque dated June 30, 2026.
The cheque was returned unpaid on July 10, 2026, with the bank citing 'Payment Stopped by Drawer' as the reason. Kalate later issued a statutory demand notice, alleging that the amount remained unpaid.
After examining the complaint, verification and original documents, the court found a prima facie case and directed the issuance of process against Jhamtani. The order marks the initiation of criminal proceedings in the matter; it is not a finding of guilt.
#PuneNews #ChequeBounceCase #RealEstateNews
