https://www.taxtmi.com/caselaws?id=349303 The High Court dismissed the appeal against the acquittal of the accused under Section 138 of the Negotiable Instruments Act. The trial judge found that the cheques were provided as security, not for debt repayment, leading to the acquittal. The High Court emphasized that for an offense under Section 138, the cheque must be for the discharge of a debt or liability, which was not established in this case. Citing a Supreme Court ruling, the High Court upheld the trial court's decision, stating that there were no unreasonable or perverse errors warranting a reversal of the acquittal. The appellant was ordered to pay legal fees. en-us Thu, 21 Sep 2017 00:00:00 +0530 Wed, 11 Oct 2017 06:10:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349303 The High Court dismissed the appeal against the acquittal of the accused under Section 138 of the Negotiable Instruments Act. The trial judge found that the cheques were provided as security, not for debt repayment, leading to the acquittal. The High Court emphasized that for an offense under Section 138, the cheque must be for the discharge of a debt or liability, which was not established in this case. Citing a Supreme Court ruling, the High Court upheld the trial court's decision, stating that there were no unreasonable or perverse errors warranting a reversal of the acquittal. The appellant was ordered to pay legal fees. Case-Laws Indian Laws Thu, 21 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349303