Ramesh Chander (Advocate) 07 April 2014
A sued B for failure to repay amount of cheque that was dishonored. B said that he had repaid the debt to A by borrowing funds from C. B placed on court record his balance sheet wherein he had shown liability from C.
Is plea of B sustainable in court?
Arpit Saxena (Advocate) 08 April 2014
chandani kumari (Corporate & Tax Lawyer) 08 April 2014
Yes. I appreciate Arpit reply................
Advocate Bhartesh goyal (advocate) 09 April 2014
No,B has to prove by cogent evidence [either receipt or through cheque] that he had repaid the loan amount to A.balance sheet prepared by B does not carry weight and is bogus document.
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