Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
The accused successfully rebutted the mandatory presumption u/s 139 of the Negotiable Instruments Act by raising a probable defence and bringing in suspicious circumstances regarding the consideration of the cheque. The complainant failed to remove such suspicion by tendering a satisfactory explanation. The HC upheld the accused's acquittal by the trial court, affirming the presumption of innocence, as the complainant failed to prove the consideration as a matter of fact after the onus shifted.
The accused successfully rebutted the mandatory presumption u/s 139 of the Negotiable Instruments Act by raising a probable defence and bringing in suspicious circumstances regarding the consideration of the cheque. The complainant failed to remove such suspicion by tendering a satisfactory explanation. The HC upheld the accused's acquittal by the trial court, affirming the presumption of innocence, as the complainant failed to prove the consideration as a matter of fact after the onus shifted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4809 
Join Channel 
