The CMM Court in Bengaluru has convicted Bollywood Singer Lucky Ali @ Maqsood Ali in Cheque bounce case in CC No. 170/2014 under Section 138 of the Negotiable Instruments Act, according to a press statement made available to journalists.
Lucky Ali has been sentenced to pay a fine of Rs. 92,00,000 (Ninety-Two Lakhs) failing which the court has sentenced him to Undergo Rigorous Imprisonment for a period of 6 months.
The complaint was filed by one Mr. Syed Rizwan before the Hon’ble XXI Additional Chief Metropolitan Magistrate, Bangalore that Lucky Ali approached him claiming that he has a land bearing Survey No. 2 and 3 in Yelahanka village Measuring 9 Acres and 22 guntas. Further the Accused Lucky Ali had fraudulently claimed that he is the General Power of Attorney Holder of his Brother Masoom Ali and that he has all authority to sell the above said property.
By Believing the inducement of Lucky Ali and his celebrity status, Syed Rizwan agreed to purchase the above said land through Lucky Ali for a total sale consideration of Rs. 92,00,000 (Rupees Ninety-Two Lakhs only) and in pursuance of the same Syed Rizwan entered into an Agreement of Sale with Lucky Ali.
After Receiving the amount, Lucky Ali failed to execute any sale deed. Thereafter the disputes went on between both parties in various courts and finally Lucky Ali agreed to settle the amount by issuing the Cheque of Rs. 92 lakhs that bounced due to insufficient funds in his account. In a bid to pressurize the complainant, Lucky Ali also filed a complaint of robbery against Rizwan which turned out to be a bogus complaint.
The court after detailed consideration and appreciation of evidence has convicted the accused Lucky Ali for offense punishable under section 138 of NI Act and sentenced him to imprisonment for a period of 6 months in default of payment of Rs. 92,00,000 (Ninety-Two Lakhs).
Subsequently, there are other criminal cases that are registered against him in Bangalore and FIR ( 90/2015) for offenses under Section 418, 420, 423, 265, 468, 193, 120-B R/w Section 34 of IPC is also registered against accused Lucky Ali in High Grounds Police Station Bangalore.
A few months back Lucky Ali claimed danger to his life and that the properties were occupied illegally by some leading builders of Bangalore. The matter was referred to the State CID and detailed investigation was made, according to the press statement.