S.139 NI Act | Karnataka HC Reverses Acquittal in Loan Dispute, Emphasizes Presumption in Favour of Complainant

In a significant ruling, the Karnataka High Court has overturned the acquittal of Sri. T. Gururaj in a case involving a bounced cheque of Rs. 5 lakh, emphasizing the legal presumption in favour of the complainant under Section 139 of the Negotiable Instruments Act, 1881. The judgement was delivered by the Hon’ble Justice Rajendra Badamikar

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