https://www.taxtmi.com/caselaws?id=423858 The High Court dismissed the criminal revision petition, affirming that the petitioner failed to prove a legally enforceable debt under Section 138 of the NI Act. The court directed the petitioner to return a specified amount to the respondent with interest, allowing the petitioner to take possession of the property and pursue legal actions if needed. The judgment underscores the significance of clear evidence and procedural compliance in establishing claims under the NI Act, aiming to resolve the dispute amicably and promote harmonious relations between the parties. en-us Wed, 15 Jun 2022 00:00:00 +0530 Fri, 17 Jun 2022 09:34:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423858 The High Court dismissed the criminal revision petition, affirming that the petitioner failed to prove a legally enforceable debt under Section 138 of the NI Act. The court directed the petitioner to return a specified amount to the respondent with interest, allowing the petitioner to take possession of the property and pursue legal actions if needed. The judgment underscores the significance of clear evidence and procedural compliance in establishing claims under the NI Act, aiming to resolve the dispute amicably and promote harmonious relations between the parties. Case-Laws Indian Laws Wed, 15 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423858