In Brief
This criminal appeal concerns the validity of a property sale transaction where the seller received three post-dated cheques instead of immediate payment. The High Court had quashed the criminal proceedings, but the Supreme Court reversed this decision. The Court held that no actual consideration was received at the time the sale deed was executed, as only post-dated cheques were handed over and subsequently only the first cheque was encashed. The absence of any prior sale agreement or property advertisement further indicated fraudulent intent. The Court allowed the appeal and directed that criminal proceedings be resumed and taken to their logical conclusion.
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