https://www.taxtmi.com/caselaws?id=336312 The court upheld the revisionist's conviction under Section 138 of the Negotiable Instruments Act for dishonoring cheques, sentencing him to one year of rigorous imprisonment. The court found the promissory notes valid over the unacted Share Purchase Agreement, emphasizing the revisionist's admission of liability and failure to rebut evidence. The enhanced sentence was justified due to the revisionist's evasion of payment and abuse of legal process. The revision petitions were dismissed, with no cost order. en-us Fri, 09 Dec 2016 00:00:00 +0530 Tue, 20 Dec 2016 06:59:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336312 The court upheld the revisionist's conviction under Section 138 of the Negotiable Instruments Act for dishonoring cheques, sentencing him to one year of rigorous imprisonment. The court found the promissory notes valid over the unacted Share Purchase Agreement, emphasizing the revisionist's admission of liability and failure to rebut evidence. The enhanced sentence was justified due to the revisionist's evasion of payment and abuse of legal process. The revision petitions were dismissed, with no cost order. Case-Laws Indian Laws Fri, 09 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336312