https://www.taxtmi.com/caselaws?id=427162 The court upheld the acquittal of the respondent/accused under Section 138 of the Negotiable Instruments Act. The judgment emphasized the lack of business transactions between the parties from 1990 to 2004, the extended gap between the last transaction and the disputed cheque issuance, and the misuse of the security cheque. The court found no grounds to overturn the acquittal, affirming the defense's position and the closure of the business in 1990. The lower court records and a copy of the judgment were directed to be sent to the trial court for information and further action, if necessary. en-us Fri, 02 Sep 2022 00:00:00 +0530 Sat, 03 Sep 2022 08:04:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427162 The court upheld the acquittal of the respondent/accused under Section 138 of the Negotiable Instruments Act. The judgment emphasized the lack of business transactions between the parties from 1990 to 2004, the extended gap between the last transaction and the disputed cheque issuance, and the misuse of the security cheque. The court found no grounds to overturn the acquittal, affirming the defense's position and the closure of the business in 1990. The lower court records and a copy of the judgment were directed to be sent to the trial court for information and further action, if necessary. Case-Laws Indian Laws Fri, 02 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427162