Prove Allegation of Fraud Beyond Reasonable Doubt

Fraud like any other charge of a criminal offence whether made in civil or criminal proceedings, must be established beyond reasonable doubt. A finding as to fraud cannot be based on suspicion and conjecture.

Supreme Court
Svenska Handelsbanken vs Indian Charge Chrome (Dayal, J.) 1994 AIR 626, 1994 SCC (1) 502

However suspicious may be the circumstances, however strange the coincidences, and however grave the doubts, suspicion alone can never take the place of proof.

Supreme Court
Union of India v. M/s Chaturbhai M. Patel and Co. (1976) 1 SCC 747