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    <title>2007 (12) TMI 541 - DELHI HIGH COURT</title>
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    <description>The appellant was convicted under Section 138 of the Negotiable Instruments Act for dishonoring cheques issued to the complainant. The court upheld the validity of the notice served to the appellant as an individual, not as a firm proprietor. Despite admitting to the loan, the appellant failed to provide evidence of repayment, weakening his defense. The court considered mitigating circumstances and reduced the penalty, ordering payment to the complainant and state fund. Failure to comply within the specified time would lead to a 3-month imprisonment sentence.</description>
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    <pubDate>Fri, 14 Dec 2007 00:00:00 +0530</pubDate>
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      <title>2007 (12) TMI 541 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=302845</link>
      <description>The appellant was convicted under Section 138 of the Negotiable Instruments Act for dishonoring cheques issued to the complainant. The court upheld the validity of the notice served to the appellant as an individual, not as a firm proprietor. Despite admitting to the loan, the appellant failed to provide evidence of repayment, weakening his defense. The court considered mitigating circumstances and reduced the penalty, ordering payment to the complainant and state fund. Failure to comply within the specified time would lead to a 3-month imprisonment sentence.</description>
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      <pubDate>Fri, 14 Dec 2007 00:00:00 +0530</pubDate>
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