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    <title>2015 (3) TMI 1321 - DELHI HIGH COURT</title>
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    <description>Section 5 of the Limitation Act, 1963 can apply to a delayed leave petition for appeal against acquittal unless expressly excluded, but condonation depends on a satisfactory explanation for the entire period of delay; here, the explanation for prolonged inaction was found inadequate, so delay was not condoned. On merits in the cheque dishonour matter, the complainant failed to disclose or prove the underlying legally recoverable debt, while the accused raised a probable defence that the cheque was issued as security in a property transaction. That probable defence rebutted the presumptions under Sections 118(a) and 139 of the Negotiable Instruments Act, and the acquittal was left undisturbed.</description>
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    <pubDate>Mon, 09 Mar 2015 00:00:00 +0530</pubDate>
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      <title>2015 (3) TMI 1321 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=273782</link>
      <description>Section 5 of the Limitation Act, 1963 can apply to a delayed leave petition for appeal against acquittal unless expressly excluded, but condonation depends on a satisfactory explanation for the entire period of delay; here, the explanation for prolonged inaction was found inadequate, so delay was not condoned. On merits in the cheque dishonour matter, the complainant failed to disclose or prove the underlying legally recoverable debt, while the accused raised a probable defence that the cheque was issued as security in a property transaction. That probable defence rebutted the presumptions under Sections 118(a) and 139 of the Negotiable Instruments Act, and the acquittal was left undisturbed.</description>
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      <pubDate>Mon, 09 Mar 2015 00:00:00 +0530</pubDate>
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