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Dishonor of Cheque - Funds Insufficient - rebuttal of ...


High Court Upholds Acquittal in Cheque Dishonor Case; Presumption of Debt Rebutted Due to Lack of Documentation.

July 23, 2022

Case Laws     Indian Laws     HC

Dishonor of Cheque - Funds Insufficient - rebuttal of presumption - it is strange that a person with a meagre income would lend such a huge amount to someone and that too without getting any writing executed at the time of advancing of the loan - The respondent accused has been able to rebut the presumption that the cheque was issued in the discharge of a legally enforceable debt and the view taken by the Trial Court while acquitting the accused is a reasonable view based on the evidence on the record - HC

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