Spicejet Limited vs Credit Suisse Ag on 11 January, 2022
(xi) M/s.Baba Finance Corporation v Mohd.
Nayeem and Another reported in 1996 SCC Online
AP 1339
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In this regard, the decision
relied upon by the trial court in M/s.Baba Finance
Corporation v. Mohd. Nayeem and Another (referred supra),
2
1997 (1) ALD (Crl.) 719 (A.P.)
3
(2019) 2 ALT (Crl.) 264 (T.S. & A.P)
5
squarely applies to the case on hand. Therefore, the trial court
was right in coming to a conclusion that there was no legally
enforceable debt in existence to back up Ex.P1 cheque."
1