https://www.taxtmi.com/caselaws?id=164939 The Supreme Court declined to interfere with the High Court's judgment in a case concerning dishonored cheques under Section 138 of the Negotiable Instruments Act. The respondent successfully rebutted the presumption created by the dishonored cheques, demonstrating they were not issued for an existing debt. The court considered ongoing civil litigations between the parties but found insufficient evidence to support the appellant's claim of a loan transaction. As the High Court's findings were based on factual analysis and not considered perverse, the appeals were dismissed under Article 136 of the Constitution of India. en-us Fri, 12 Oct 2007 00:00:00 +0530 Thu, 05 Jun 2014 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164939 The Supreme Court declined to interfere with the High Court's judgment in a case concerning dishonored cheques under Section 138 of the Negotiable Instruments Act. The respondent successfully rebutted the presumption created by the dishonored cheques, demonstrating they were not issued for an existing debt. The court considered ongoing civil litigations between the parties but found insufficient evidence to support the appellant's claim of a loan transaction. As the High Court's findings were based on factual analysis and not considered perverse, the appeals were dismissed under Article 136 of the Constitution of India. Case-Laws Companies Law Fri, 12 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164939