https://www.taxtmi.com/caselaws?id=415559 The court found that the defendant successfully rebutted the presumption under Section 118 of the Negotiable Instruments Act by demonstrating inconsistencies in the plaintiff's claims, lack of financial capacity, and coercion tactics. Due to the defendant's defense of being under the plaintiff's influence and evidence of psychiatric issues and misuse of signed documents, the court concluded that the due execution of the promissory note was not proven. Consequently, the judgment and decree in favor of the plaintiff were set aside, and the appeal was allowed without costs. en-us Fri, 03 Sep 2021 00:00:00 +0530 Thu, 09 Dec 2021 08:34:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415559 The court found that the defendant successfully rebutted the presumption under Section 118 of the Negotiable Instruments Act by demonstrating inconsistencies in the plaintiff's claims, lack of financial capacity, and coercion tactics. Due to the defendant's defense of being under the plaintiff's influence and evidence of psychiatric issues and misuse of signed documents, the court concluded that the due execution of the promissory note was not proven. Consequently, the judgment and decree in favor of the plaintiff were set aside, and the appeal was allowed without costs. Case-Laws Indian Laws Fri, 03 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415559