https://www.taxtmi.com/highlights?id=59090 Dishonor of Cheque - acquittal of the accused - the accused by way of cross examining the complainant has exposed him and that itself establishes that presumption is rebutted - The complainant though running a finance company, but, he has advanced a huge loan to accused in his individual capacity. Secondly, there is no evidence to prove that he was possessing such a huge amount in his house and further it is hard to accept that he has advanced such a huge amount as a hand loan to accused without charging any interest that too when the accused was a defaulter in respect of loan obtained by him from other company - HC en-us Fri, 06 Aug 2021 22:00:47 +0530 Fri, 06 Aug 2021 22:00:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=59090 Dishonor of Cheque - acquittal of the accused - the accused by way of cross examining the complainant has exposed him and that itself establishes that presumption is rebutted - The complainant though running a finance company, but, he has advanced a huge loan to accused in his individual capacity. Secondly, there is no evidence to prove that he was possessing such a huge amount in his house and further it is hard to accept that he has advanced such a huge amount as a hand loan to accused without charging any interest that too when the accused was a defaulter in respect of loan obtained by him from other company - HC Highlights Indian Laws Fri, 06 Aug 2021 22:00:47 +0530 https://www.taxtmi.com/highlights?id=59090