Sunday, 1 February 2015

Accused acquitted on charges of cheque dishonouring as complainant had no source to lend such huge s

Negotiable Instruments Act: Where complainant had no source of income to lend a sum of Rs. 14 lakhs to accused and he failed to prove that there was legally recoverable debt payable by accused to him, accused was to be acquitted for alleged offence under section 138


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