The accused allegedly approached the complainant in 2021 seeking financial assistance, following which he was given Rs 21 lakh as a hand loan on the basis of personal trust, the Bengaluru court found.
From Indianexpress RSS Feed: ‘Continued proceedings would be unjust’: Punjab and Haryana High Court acquits man in NI Act case 7 years after conviction
The court held that mere subsequent failure on the part of the petitioner to adhere to the terms of the settlement cannot be a ground to invalidate otherwise lawful and binding Lok Adalat award.
