Monday, 21 September 2015

Once accused admits issuance of cheque onus is on him to prove that cheque hasn't been issued for di

Negotiable Instruments Act: Once issuance of cheque has been admitted, complainant is entitled to invoke presumption under sections 118 and 139 that cheque has been issued for discharging legally subsisting liability, which is a rebuttable presumption and where accused has failed to rebut such presumption he is guilty of offence under section 138

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