https://www.taxtmi.com/caselaws?id=460787 The court dismissed the leave to appeal petition, affirming the trial court's decision to acquit the respondent. The petitioner failed to demonstrate the source of the loan amount, casting doubt on the validity of his claim. The respondent's explanation that the cheques were issued as security during a committee period was supported by credible evidence. The court applied the principle that guilt must be proven beyond reasonable doubt and found that the doubt created by the respondent's evidence warranted acquittal, as the petitioner could not conclusively prove the loan transaction. en-us Fri, 04 Jan 2013 00:00:00 +0530 Wed, 19 Feb 2025 17:39:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460787 The court dismissed the leave to appeal petition, affirming the trial court's decision to acquit the respondent. The petitioner failed to demonstrate the source of the loan amount, casting doubt on the validity of his claim. The respondent's explanation that the cheques were issued as security during a committee period was supported by credible evidence. The court applied the principle that guilt must be proven beyond reasonable doubt and found that the doubt created by the respondent's evidence warranted acquittal, as the petitioner could not conclusively prove the loan transaction. Case-Laws Indian Laws Fri, 04 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460787