The
Hyderabad High Court has dismissed a petition filed by a private banker to take
action under Section 138 of the 'Negotiable Instrument Act' on a person who did
not repay the loan amount of Rs 2 lakh and ruled that a person who took the
money cann’t be legally charged by the money lender, if the money lender didn’t
shown that money in his IT returns.
ANDHRAJYOTHY NEWSPAPER
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