https://www.taxtmi.com/caselaws?id=433047 The Supreme Court allowed the Criminal Appeals, quashing the High Court's judgment of conviction and sentence, and restored the Trial Court's acquittal of the Appellant. The Civil Appeals were dismissed, but the decrees of the High Court were modified to restrict them to the amount already deposited by the Appellants in the Court, along with accrued interest. Respondents in both Civil Appeals were entitled to withdraw 50% of the deposited amount with interest. The judgment emphasizes the importance of the standard of proof in legal proceedings and the necessity for substantial evidence to support financial claims in criminal and civil cases. en-us Wed, 18 Jan 2023 00:00:00 +0530 Thu, 19 Jan 2023 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433047 The Supreme Court allowed the Criminal Appeals, quashing the High Court's judgment of conviction and sentence, and restored the Trial Court's acquittal of the Appellant. The Civil Appeals were dismissed, but the decrees of the High Court were modified to restrict them to the amount already deposited by the Appellants in the Court, along with accrued interest. Respondents in both Civil Appeals were entitled to withdraw 50% of the deposited amount with interest. The judgment emphasizes the importance of the standard of proof in legal proceedings and the necessity for substantial evidence to support financial claims in criminal and civil cases. Case-Laws Indian Laws Wed, 18 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433047