The Apex Court recently observed that the standard of proof for rebutting the presumption u.s 139 of the NI Act (Negotiable Instruments Act) is that of the preponderance of probabilities. The instant case is related to a cheque bounce matter wherein the Trial Court acquitted the accused after finding out that complainant’s Income Tax Returns
SC Affirms Acquittal In A Cheque Bounce Case After Noting Accused Was Financially Incapable To Lend The Amount Alleged as Per ITR
