https://www.taxtmi.com/caselaws?id=458359 HC dismissed criminal revision in dishonour of cheque case under Section 138 Negotiable Instruments Act. Petitioner/accused claimed cheque was stolen but filed complaint only one year after statutory notice, indicating afterthought. Minor discrepancy between cheque amount (Rs. 16,72,000) and Income Tax Return amount (Rs. 12,72,000) held insufficient to establish ingenuine claim. Court found clear consensus between parties regarding amount. Appellate Court's conviction and sentence for imprisonment plus compensation upheld on merits. en-us Thu, 25 Jun 2015 00:00:00 +0530 Wed, 23 Oct 2024 19:36:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458359 HC dismissed criminal revision in dishonour of cheque case under Section 138 Negotiable Instruments Act. Petitioner/accused claimed cheque was stolen but filed complaint only one year after statutory notice, indicating afterthought. Minor discrepancy between cheque amount (Rs. 16,72,000) and Income Tax Return amount (Rs. 12,72,000) held insufficient to establish ingenuine claim. Court found clear consensus between parties regarding amount. Appellate Court's conviction and sentence for imprisonment plus compensation upheld on merits. Case-Laws Indian Laws Thu, 25 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458359