https://www.taxtmi.com/caselaws?id=338713 The High Court overturned the Trial Court's acquittal of the accused under Section 138 of the Negotiable Instruments Act. The High Court convicted the accused based on the documentary evidence supporting the loan transaction and the presumption under Section 139 that the dishonored cheque was issued for a debt. The accused's defense regarding the loan from another individual and the misuse of the cheque was deemed unsupported and unconvincing. The case was scheduled for sentencing, with the accused directed to appear in court. en-us Thu, 02 Feb 2017 00:00:00 +0530 Thu, 09 Feb 2017 21:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338713 The High Court overturned the Trial Court's acquittal of the accused under Section 138 of the Negotiable Instruments Act. The High Court convicted the accused based on the documentary evidence supporting the loan transaction and the presumption under Section 139 that the dishonored cheque was issued for a debt. The accused's defense regarding the loan from another individual and the misuse of the cheque was deemed unsupported and unconvincing. The case was scheduled for sentencing, with the accused directed to appear in court. Case-Laws Indian Laws Thu, 02 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338713