Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Suit for recovery of money on the foot of promissory note - Burden/onus to prove - The High Court found in favor of the plaintiff, overturning the decision of the subordinate court. The court ruled that the plaintiff had adequately proved the execution of the promissory note, and the defendants failed to rebut the presumption under the Negotiable Instruments Act. The court also rejected the defendants' arguments regarding non-impleading of a party and discrepancies in witness testimony.
Suit for recovery of money on the foot of promissory note - Burden/onus to prove - The High Court found in favor of the plaintiff, overturning the decision of the subordinate court. The court ruled that the plaintiff had adequately proved the execution of the promissory note, and the defendants failed to rebut the presumption under the Negotiable Instruments Act. The court also rejected the defendants' arguments regarding non-impleading of a party and discrepancies in witness testimony.
Note: It is a system-generated summary and is for quick reference only.