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    <title>2022 (11) TMI 850 - KARNATAKA HIGH COURT</title>
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    <description>For prosecution under section 138 of the Negotiable Instruments Act, the complainant must first establish a credible foundational case of a legally enforceable debt or liability. Here, the complaint and demand notice did not disclose the date or year of the alleged hand-loan transaction, while surrounding evidence supported the defence version that the cheques may have related to an earlier property transaction and were filled up by the complainant. The accused&#039;s admission of signature and receipt of notice did not, on these facts, make the statutory presumption under section 139 conclusive. The Sessions Court&#039;s appreciation of evidence was found free from infirmity, and the acquittal was sustained.</description>
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      <title>2022 (11) TMI 850 - KARNATAKA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=430426</link>
      <description>For prosecution under section 138 of the Negotiable Instruments Act, the complainant must first establish a credible foundational case of a legally enforceable debt or liability. Here, the complaint and demand notice did not disclose the date or year of the alleged hand-loan transaction, while surrounding evidence supported the defence version that the cheques may have related to an earlier property transaction and were filled up by the complainant. The accused&#039;s admission of signature and receipt of notice did not, on these facts, make the statutory presumption under section 139 conclusive. The Sessions Court&#039;s appreciation of evidence was found free from infirmity, and the acquittal was sustained.</description>
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