M/S. Poonam Petrochemical Pvt. Ltd. v. K. a. Joshi and Anr.
Case brief
What is this about?
The High Court of Bombay dismissed an application for leave to appeal against the acquittal of a respondent charged under Section 138 NI Act. The trial court held no dues remained recoverable due to partial payment and reimbursement via a vehicle. The HC found the defence probalised and refused leave.
What did the court decide?
Leave to file appeal against acquittal refused; Appeal dismissed.