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Ramdas vs. Krishnanand (SC)

30.00 3.00

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Negotiable Instruments Act, 1881–Sec. 138–Acquittal–Set aside by High Court–Allegation of giving the hand loan of Rs. 1,75,000/- –Complainant admitted that his net saving in a year comes to about Rs. 10,000/- –Loan of such big amount given by him cannot be believed–Fact of purchase of three acres land from complainant and advance of Rs. 3,00,000/- in cash and issue of cheque of Rs. 5,00,000/- came on record–Held, High Court wrongly reversed the findings of acquittal.