PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
The trial court erroneously invoked the presumption u/s 118 of the Negotiable Instruments Act, 1881, without considering the contradictions in the evidence of the plaintiff's witnesses and the surrounding circumstances. The presumption of consideration upon execution of a promissory note is rebuttable. The defendant's version, supported by circumstantial evidence and probabilities, rebutted the presumption. The plaintiff failed to establish the passing of consideration through oral evidence alone. The High Court allowed the appeal, setting aside the trial court's decree for payment, as the findings disregarded the impact of evidence on record.
The trial court erroneously invoked the presumption u/s 118 of the Negotiable Instruments Act, 1881, without considering the contradictions in the evidence of the plaintiff's witnesses and the surrounding circumstances. The presumption of consideration upon execution of a promissory note is rebuttable. The defendant's version, supported by circumstantial evidence and probabilities, rebutted the presumption. The plaintiff failed to establish the passing of consideration through oral evidence alone. The High Court allowed the appeal, setting aside the trial court's decree for payment, as the findings disregarded the impact of evidence on record.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
