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        Case ID :

        Dishonor of Cheque - Legally enforceable debt or not -...

        Higher Court Reverses Appellate Decision: Farmer's Loan Claim Deemed Improbable Without Proof of Lending Capacity.

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                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.
                                Dishonor of Cheque - Legally enforceable debt or not - preponderance of probablities - failure to discharge the fundamental burden of proving his capacity to advance loan - Taking into consideration his background admittedly a small time farmer holding 6 acres of land and not even a bank savings account claiming he advanced loan of Rs.9 lakhs as against the postdated cheque and no other document obtained for the money transaction, is obviously bound to be suspected - this Court holds that the appellate Court erred in reversing the trial Court judgment.- HC
                                Note: It is a system-generated summary and is for quick reference only.

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                                ActsIncome Tax
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