Court holds husband liable for wife's loan, orders couple to pay ₹5.75 crore

Punjab and Haryana High Court held a husband liable for his wife’s loan after he issued cheques to repay it. Upholding conviction in a ₹2.07 crore dispute, the court ordered the couple to pay ₹5.75 crore and undergo one-year jail. It said issuing cheques makes one legally responsible, warning that evasion would undermine trust in financial transactions.