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State Of Karnataka vs Jayashree on 29 August, 1985

17. Relying on this decision, learned counsel for the accused has argued that to attract Sec.138 of Negotiable Instruments Act, there must be existence of legally recoverable 16 Crl.A.1484/2015 debt or liability. He has argued that as per Sec.95 of Karnataka Land Revenue Act, 1964, the property must be converted into non-agricultural purpose to establish industry or garment factor and since the subject matter is not converted into non- agricultural purpose, the accused cannot commence his industry. He has also relied upon the decision reported in ILR 1986 KAR 820 in the case of State of Karnataka Vs. Jayashree, wherein, the Hon'ble High Court of Karnataka has held as follows:-
Karnataka High Court Cites 18 - Cited by 7 - Full Document
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