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Supreme Court Holds That That Unsubstantiated Fraud Allegations Cannot Shift Burden Onto Defendants In Challenge To GPA Transactions
It was also observed that the Appellant failed to produce documentary evidence of the alleged loans and their repayment, and had challenged the transactions after an unexplained delay of nearly ten years, during which the GPAs remained uncancelled and subsequent transactions continued without objection. Finding no perversity, patent illegality or substantial question of law, the Court dismissed the appeal.
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