https://www.taxtmi.com/caselaws?id=295987 The court affirmed the trial court's order of acquittal, dismissing the appeal and upholding the accused's acquittal. The complainant failed to prove the existence of a legally enforceable debt, as no loan-related documents or agreements were produced. The accused successfully rebutted the presumption under Section 139 of the N.I. Act by presenting a credible defense. Additionally, the lack of evidence regarding the complainant's financial capacity and the validity of the cheque due to account closure further weakened the complainant's case. The court found in favor of the accused based on these factors. en-us Thu, 13 Feb 2020 00:00:00 +0530 Tue, 29 Jun 2021 09:39:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=295987 The court affirmed the trial court's order of acquittal, dismissing the appeal and upholding the accused's acquittal. The complainant failed to prove the existence of a legally enforceable debt, as no loan-related documents or agreements were produced. The accused successfully rebutted the presumption under Section 139 of the N.I. Act by presenting a credible defense. Additionally, the lack of evidence regarding the complainant's financial capacity and the validity of the cheque due to account closure further weakened the complainant's case. The court found in favor of the accused based on these factors. Case-Laws Indian Laws Thu, 13 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=295987