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?
Yes. I appreciate Arpit reply................
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.