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    <title>2011 (11) TMI 879 - BOMBAY HIGH COURT</title>
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    <description>The trial court acquitted the accused under Section 138 of the Negotiable Instruments Act as it found that the cheque was not issued towards the discharge of a legally enforceable debt/liability. The accused successfully rebutted the presumption under Sections 118(a) and 139 of the Act by providing a plausible defense supported by evidence. The court upheld the acquittal, as the complainant failed to prove beyond reasonable doubt the existence of a legally enforceable debt/liability and the purpose of the cheque issuance. The appeal was dismissed, affirming the trial court&#039;s judgment.</description>
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    <pubDate>Thu, 24 Nov 2011 00:00:00 +0530</pubDate>
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      <title>2011 (11) TMI 879 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=309289</link>
      <description>The trial court acquitted the accused under Section 138 of the Negotiable Instruments Act as it found that the cheque was not issued towards the discharge of a legally enforceable debt/liability. The accused successfully rebutted the presumption under Sections 118(a) and 139 of the Act by providing a plausible defense supported by evidence. The court upheld the acquittal, as the complainant failed to prove beyond reasonable doubt the existence of a legally enforceable debt/liability and the purpose of the cheque issuance. The appeal was dismissed, affirming the trial court&#039;s judgment.</description>
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      <pubDate>Thu, 24 Nov 2011 00:00:00 +0530</pubDate>
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