The Calcutta High Court has upheld the conviction of a construction company and its directors in a proceeding under Section 138 of the Negotiable Instruments Act, 1881, ruling that a mere “bald allegation” of coercion, unsupported by corroborative evidence, is insufficient to displace the statutory presumption of debt or liability.

In the judgment delivered on November 19, 2025, Justice Ajay Kumar Gupta dismissed the criminal revisional application filed by Ma Kreeng Construction Pvt. Ltd. and its directors. The Court affirmed the orders of the courts below, which had sentenced the directors to simple imprisonment and imposed a substantial compensation amount.

Case Background

The legal dispute originated from an agreement between the petitioners, Ma Kreeng Construction Pvt. Ltd. & Or

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