https://www.taxtmi.com/caselaws?id=340319 The Supreme Court upheld the dismissal of a complaint under Section 138 of the Negotiable Instruments Act by the trial Court and High Court. The appellant failed to prove that the respondent borrowed the amount in question, with evidence supporting the respondent's claim that the cheque was part of an agreement to settle disputes, not a loan. The Court found no legally enforceable debt between the parties, emphasizing the importance of concrete evidence and establishing binding obligations for success under Section 138 of the N.I. Act. en-us Tue, 28 Feb 2017 00:00:00 +0530 Mon, 20 Mar 2017 10:01:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340319 The Supreme Court upheld the dismissal of a complaint under Section 138 of the Negotiable Instruments Act by the trial Court and High Court. The appellant failed to prove that the respondent borrowed the amount in question, with evidence supporting the respondent's claim that the cheque was part of an agreement to settle disputes, not a loan. The Court found no legally enforceable debt between the parties, emphasizing the importance of concrete evidence and establishing binding obligations for success under Section 138 of the N.I. Act. Case-Laws Indian Laws Tue, 28 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340319