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Basalingappa vs Mudibasappa on 9 April, 2019

Reliance can be placed upon the judgment passed in Basalingappa vs. Mudibasappa (2019) 5 SCC 418 and APS Forex Services Pvt. Ltd. vs. Shakti International Fashion Linkers & Ors. 2020 SCC OnLine SC 193. In the present case, the complainant has failed to prove the same as merely stating that he had advanced the loan from his savings will not discharge the burden of the complainant. Even otherwise, he has not placed on record his ITR to prove his financial capacity despite being an income tax assesses. Admittedly, the advancement of loan amount was also not shown in the ITR.
Supreme Court of India Cites 18 - Cited by 2275 - A Bhushan - Full Document

Sasseriyil Joseph vs Devassia on 22 September, 2000

In Vijay Polymers Pvt. Ltd. & Anr. v. Vinnay Aggarwal (supra), relying upon the judgment of the Supreme Court in Sasseriyil Joseph (supra), it has been observed that, cheques issued for a timebarred debt would not fall within the definition of 'legally enforceable debt', which is the essential requirement for a SONIKA Digitally signed by SONIKA Date: 2022.01.27 12:48:40 +05'30' CC No. 5790/2020 C.L. Gupta Vs. Rajesh Singh Page no.16/19 complaint under Section 138 of the NI Act; the extended meaning of debt or liability has been explained in the Explanation to the Section which means a legally enforceable debt or liability.
Kerala High Court Cites 4 - Cited by 146 - Full Document
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