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Basalingappa vs Mudibasappa on 9 April, 2019

Devinder Singh Hudan (2019)10 SCC 287 that Trial Court cannot proceed as if the complainant is required to prove the debt owed to him. Statutory presumption has to be raised in his favour which can only be rebutted by either showing that consideration and debt did not exist or that under the particular circumstances of Ct. Case No. 401/2018 Ramesh Chandra Gupta Vs. Kamlesh PS North Rohini Page No. 17/22 the case non-existence of consideration and debt is so probable that a prudent man ought to suppose that no consideration or debt existed. Although showcasing that complainant did not have adequate financial capacity to lend money to accused amounts to a probable defence and can help in rebutting the statutory presumption that is accrued to the benefit of complainant [ Basalingappa v. Mudibasappa (2019)5 SCC 418]. But once accused discharges the burden of rebutting legal presumption that arose u/s 139 NI Act, then accused is within his right to challenge and complainant will then have to prove his/her financial capability.
Supreme Court of India Cites 18 - Cited by 2275 - A Bhushan - Full Document
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