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    <title>2015 (2) TMI 1351 - BOMBAY HIGH COURT</title>
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    <description>The accused&#039;s revision application was dismissed, affirming the lower courts&#039; judgments. The accused was directed to surrender before the Judicial Magistrate, First Class (J.M.F.C.) to serve the imposed sentence for the offense under Section 138 of the Negotiable Instruments Act. The court found the complainant had proven the legally enforceable debt, compliance with legal notice requirements, and the accused&#039;s failure to rebut the presumption under Section 139. The court also upheld the capacity of the complainant to advance the loan and rejected the accused&#039;s arguments regarding unaccounted cash transactions.</description>
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    <pubDate>Thu, 05 Feb 2015 00:00:00 +0530</pubDate>
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      <title>2015 (2) TMI 1351 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=295922</link>
      <description>The accused&#039;s revision application was dismissed, affirming the lower courts&#039; judgments. The accused was directed to surrender before the Judicial Magistrate, First Class (J.M.F.C.) to serve the imposed sentence for the offense under Section 138 of the Negotiable Instruments Act. The court found the complainant had proven the legally enforceable debt, compliance with legal notice requirements, and the accused&#039;s failure to rebut the presumption under Section 139. The court also upheld the capacity of the complainant to advance the loan and rejected the accused&#039;s arguments regarding unaccounted cash transactions.</description>
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      <pubDate>Thu, 05 Feb 2015 00:00:00 +0530</pubDate>
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