https://www.taxtmi.com/caselaws?id=301862 The High Court dismissed the appeal, affirming the lower court's decision due to the lack of legal enforceability of the debt by an unlicensed money lender, the non-registration of the partnership firm under the Indian Partnership Act, and discrepancies in the evidence presented. The Court emphasized the importance of compliance with licensing requirements and registration mandates, ultimately ruling that the debt in question was unenforceable and the offense under Section 138 of the Negotiable Instruments Act was not proven beyond doubt. en-us Tue, 26 Nov 1996 00:00:00 +0530 Mon, 14 Nov 2022 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301862 The High Court dismissed the appeal, affirming the lower court's decision due to the lack of legal enforceability of the debt by an unlicensed money lender, the non-registration of the partnership firm under the Indian Partnership Act, and discrepancies in the evidence presented. The Court emphasized the importance of compliance with licensing requirements and registration mandates, ultimately ruling that the debt in question was unenforceable and the offense under Section 138 of the Negotiable Instruments Act was not proven beyond doubt. Case-Laws Indian Laws Tue, 26 Nov 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301862