https://www.taxtmi.com/caselaws?id=401712 The High Court upheld the trial court's acquittal order in a case involving an alleged offence under Section 138 of the Negotiable Instruments Act. The court found that the complainant's unilateral actions in seizing and selling the vehicle did not conclusively establish the accused's liability. Emphasizing the need for proper determination of liabilities through civil court or agreement terms, the court ruled that the cheque issued by the accused lost its negotiable character due to conditional payment and lack of consideration, rendering it invalid. The appeal was dismissed, affirming the lower court's decision. en-us Wed, 30 Sep 2020 00:00:00 +0530 Tue, 15 Dec 2020 10:36:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401712 The High Court upheld the trial court's acquittal order in a case involving an alleged offence under Section 138 of the Negotiable Instruments Act. The court found that the complainant's unilateral actions in seizing and selling the vehicle did not conclusively establish the accused's liability. Emphasizing the need for proper determination of liabilities through civil court or agreement terms, the court ruled that the cheque issued by the accused lost its negotiable character due to conditional payment and lack of consideration, rendering it invalid. The appeal was dismissed, affirming the lower court's decision. Case-Laws Indian Laws Wed, 30 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401712