https://www.taxtmi.com/caselaws?id=390961 The High Court upheld the Trial Court's judgment, dismissing the appeals challenging the respondent's acquittal under Section 138 of the Negotiable Instruments Act. The Court found that there was no legally enforceable debt or liability as the complainant failed to fulfill obligations under the Memorandum of Understanding, leading to the cheques not being for a legally enforceable debt. The Court emphasized the accused's ability to rebut the presumption under Sections 118(a) and 139 and highlighted the appellate court's limited interference with the Trial Court's findings of acquittal, ultimately concluding that the prosecution failed to prove its case. en-us Fri, 10 Jan 2020 00:00:00 +0530 Thu, 16 Jan 2020 11:11:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390961 The High Court upheld the Trial Court's judgment, dismissing the appeals challenging the respondent's acquittal under Section 138 of the Negotiable Instruments Act. The Court found that there was no legally enforceable debt or liability as the complainant failed to fulfill obligations under the Memorandum of Understanding, leading to the cheques not being for a legally enforceable debt. The Court emphasized the accused's ability to rebut the presumption under Sections 118(a) and 139 and highlighted the appellate court's limited interference with the Trial Court's findings of acquittal, ultimately concluding that the prosecution failed to prove its case. Case-Laws Indian Laws Fri, 10 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390961