HC upholds acquittal of accused for offence u/s 138 on non-performance of an event by the complainant

FEMA amp; BANKING : Where complainant filed complaint under section 138 of Negotiable Instruments Act on dishonour of cheque issued by accused for performance in a musical event but show was not performed and complainant had failed to establish that accused was personally liable under any debt or liability towards complainant on date of issue of cheque in question, accused was not guilty of offence under section 138 and was rightly acquitted by Trial Court

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