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Ram Investment Ltd. (M/s.) vs. State of Rajasthan & Ors.

42.00 4.20

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Negotiable Instruments Act, 1881–Sec. 138–Acquittal–Case of appellant-complainant that respondent failed to repay the loan–No document pertaining the loan was produced–Even, the complaint does not reflect that for what purpose, the loan was given to accused–Witness did not say as to when the loan was taken or what the quantum was thereof–Loan account statement was also not produced–Complainant failed to prove the legally enforceable debt against the accused–Acquittal was justified.