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    <title>2010 (9) TMI 1239 - DELHI HIGH COURT</title>
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    <description>The respondent was convicted under Section 138 of the Negotiable Instrument Act due to the Trial Court overturning the acquittal. The court found that the respondent&#039;s defense that the cheques were issued as security for a loan not given lacked substantiating evidence. The respondent&#039;s failure to provide proof to counter the complainant&#039;s claims and the Trial Court&#039;s reliance on insufficient defenses led to the conviction. The case is scheduled for sentencing at a later date.</description>
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      <link>https://www.taxtmi.com/caselaws?id=273724</link>
      <description>The respondent was convicted under Section 138 of the Negotiable Instrument Act due to the Trial Court overturning the acquittal. The court found that the respondent&#039;s defense that the cheques were issued as security for a loan not given lacked substantiating evidence. The respondent&#039;s failure to provide proof to counter the complainant&#039;s claims and the Trial Court&#039;s reliance on insufficient defenses led to the conviction. The case is scheduled for sentencing at a later date.</description>
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