https://www.taxtmi.com/caselaws?id=416540 The High Court affirmed the acquittal of the accused under Section 138 of the N.I. Act, emphasizing the failure to serve the demand notice within the statutory period and the necessity to establish a business relationship and debt. The court upheld the trial court's decision, highlighting the principles guiding judicial review of acquittals and the importance of evidence and preponderance of probabilities in cases involving dishonoured cheques. The judgment stressed the accused's successful rebuttal of the presumption under Section 139, leading to the dismissal of the appeal. en-us Mon, 20 Dec 2021 00:00:00 +0530 Fri, 31 Dec 2021 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=416540 The High Court affirmed the acquittal of the accused under Section 138 of the N.I. Act, emphasizing the failure to serve the demand notice within the statutory period and the necessity to establish a business relationship and debt. The court upheld the trial court's decision, highlighting the principles guiding judicial review of acquittals and the importance of evidence and preponderance of probabilities in cases involving dishonoured cheques. The judgment stressed the accused's successful rebuttal of the presumption under Section 139, leading to the dismissal of the appeal. Case-Laws Indian Laws Mon, 20 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=416540