[S. 138 NI Act] Trial Court's Reasonably Formed Opinion Regarding Insufficient Funds Cannot Be Interdicted By Appellate Court: Kerala HC
Tellmy Jolly
16 Jan 2024 12:20 PM IST
![[S. 138 NI Act] Trial Courts Reasonably Formed Opinion Regarding Insufficient Funds Cannot Be Interdicted By Appellate Court: Kerala HC [S. 138 NI Act] Trial Courts Reasonably Formed Opinion Regarding Insufficient Funds Cannot Be Interdicted By Appellate Court: Kerala HC](https://www.livelaw.in/h-upload/2024/01/16/750x450_516390-500x300501225-750x450500829-justice-pg-ajithkumar-kerala-hc.webp)
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16 Jan 2024 12:20 PM IST
The Kerala High Court has upheld the acquittal order issued by the Trial Court under Section 138 of the Negotiable Instruments Act on finding that there was no evidence to prove that the cheque was dishonoured for want of sufficient funds.Justice P.G. Ajithkumar observed that the Appellate Court will not interfere with the order of the Trial Court if it has been reasonably formed. Relying...
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