Case Law Details
Case Name : Rohitbhai Jivanlal Patel Vs State of Gujarat & Anr. (Supreme Court)
Related Assessment Year :
Courts :
Supreme Court of India
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Rohitbhai Jivanlal Patel Vs State of Gujarat & Anr. (Supreme Court of India)
Conclusion:- SC held that once the court has drawn presumption of existence of legally enforceable debt as per Section 139 of the NI Act, factors like source of funds are not relevant if the accused has not been able to rebut the presumption.
Facts: The matter relates to dishonor of 7 cheque of INR 3 Lakhs each drawn by the accused
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