https://www.taxtmi.com/caselaws?id=461461 For cheating in a credit sale, the prosecution must prove that the trader had a dishonest intention, or no reasonable expectation of payment, at the time the goods were ordered. Mere financial embarrassment, later insolvency, or subsequent inability to pay is not enough to establish deceit. The Court found the surrounding evidence, including other transactions and a mortgage over stock, too weak to prove contemporaneous fraudulent intent beyond reasonable doubt. On that basis, the cheating conviction could not stand and the accused was acquitted. en-us Fri, 27 Nov 1931 00:00:00 +0530 Tue, 08 Apr 2025 10:42:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461461 For cheating in a credit sale, the prosecution must prove that the trader had a dishonest intention, or no reasonable expectation of payment, at the time the goods were ordered. Mere financial embarrassment, later insolvency, or subsequent inability to pay is not enough to establish deceit. The Court found the surrounding evidence, including other transactions and a mortgage over stock, too weak to prove contemporaneous fraudulent intent beyond reasonable doubt. On that basis, the cheating conviction could not stand and the accused was acquitted. Case-Laws Indian Laws Fri, 27 Nov 1931 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461461