https://www.taxtmi.com/caselaws?id=305424 The appellate court upheld the trial court's decision to acquit the respondent in a case involving a dishonored cheque under section 138 of the Negotiable Instruments Act. The court found that the appellant failed to establish a legally enforceable debt/liability, as the respondent successfully rebutted the presumption under section 139 by demonstrating the cheque was not related to the disputed transaction. Insufficient evidence of a business relationship between the parties led to the dismissal of the appeal, confirming the original acquittal order. en-us Thu, 01 Dec 2011 00:00:00 +0530 Sat, 03 Dec 2022 09:41:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305424 The appellate court upheld the trial court's decision to acquit the respondent in a case involving a dishonored cheque under section 138 of the Negotiable Instruments Act. The court found that the appellant failed to establish a legally enforceable debt/liability, as the respondent successfully rebutted the presumption under section 139 by demonstrating the cheque was not related to the disputed transaction. Insufficient evidence of a business relationship between the parties led to the dismissal of the appeal, confirming the original acquittal order. Case-Laws Indian Laws Thu, 01 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305424