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Sri Murugan Financiers vs P.V. Perumal on 13 July, 2004

"in the instant case, the appellant/complainant is only an individual, therefore, it cannot be said that nonĀ­ production of his account books would affect the case under section 138 of N.I. Act, though the same is relevant in a case relating to financial companies and other institutions having books of account. The decision of thiscourt in Murugan Financiers Vs, P.V. Perumal reported in 2005 Crl L.J. 269 ended CC No.611/14; M/S New Link Overseas Finance Ltd. Vs. Umesh Kumar Page 6 of 8 7 in acquittal on account of the non production of books of accounts, sought for by the accused therein has no relevancy in this case."
Madras High Court Cites 2 - Cited by 56 - R Banumathi - Full Document
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