https://www.taxtmi.com/caselaws?id=787830 A prosecution under the Negotiable Instruments Act was held unsustainable where the complainant failed to establish foundational facts showing a legally enforceable personal liability of the drawer. The record did not contain reliable corporate authorisation, contemporaneous accounts, balance sheets, or calculations supporting the alleged commission or brokerage. The Court treated the alleged dues as corporate in nature, not the petitioner's personal debt, and held that cheques drawn on the petitioner's personal account could not be treated as issued towards such liability. The presumption of liability was therefore insufficient and the complaint was quashed. en-us Tue, 10 Mar 2026 00:00:00 +0530 Fri, 13 Mar 2026 08:36:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787830 A prosecution under the Negotiable Instruments Act was held unsustainable where the complainant failed to establish foundational facts showing a legally enforceable personal liability of the drawer. The record did not contain reliable corporate authorisation, contemporaneous accounts, balance sheets, or calculations supporting the alleged commission or brokerage. The Court treated the alleged dues as corporate in nature, not the petitioner's personal debt, and held that cheques drawn on the petitioner's personal account could not be treated as issued towards such liability. The presumption of liability was therefore insufficient and the complaint was quashed. Case-Laws Indian Laws Tue, 10 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787830