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Mere Inability To Repay Loan Does Not Constitute 'Cheating': SC [Read Judgment]

Ashok Kini
15 Feb 2019 11:33 AM GMT
Mere Inability To Repay Loan Does Not Constitute

“The mere inability of the appellant to return the loan amount cannot give rise to a criminal prosecution for cheating unless fraudulent or dishonest intention is shown right at the beginning of the transaction, as it is this mens rea which is the crux of the offence.”

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