Supreme Court of India
Rajendra Anant Varik v. Govind B. Prabhugaonkar
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From the headnote
Issue for Consideration Whether the High Court was justified in reversing the judgment of the First Appellate Court acquitting the appellant-accused and setting aside his conviction u/s.138, Negotiable Instruments Act, 1881 as recorded by the trial Court. Headnotes† Negotiable Instruments Act, 1881 – s.138 – Goa Money-Lenders Act, 2001 – Applicability of – First Appellate Court allowed the appellant’s appeal against conviction – It was held that as the respondent-complainant was indulged in money lending activities without acquiring a license, thus, he was acting in breach of the provisions
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