https://www.taxtmi.com/caselaws?id=344381 The High Court overturned the trial court's acquittal of the respondent in a case involving prosecution under Section 138 of the Negotiable Instruments Act. The court found that the statutory presumption under Section 139 was not successfully rebutted by the respondent, as the evidence presented by the complainant regarding the debt was deemed credible. Consequently, the respondent was convicted under Section 138, and the case was scheduled for a sentencing hearing. en-us Wed, 31 May 2017 00:00:00 +0530 Fri, 16 Jun 2017 09:04:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344381 The High Court overturned the trial court's acquittal of the respondent in a case involving prosecution under Section 138 of the Negotiable Instruments Act. The court found that the statutory presumption under Section 139 was not successfully rebutted by the respondent, as the evidence presented by the complainant regarding the debt was deemed credible. Consequently, the respondent was convicted under Section 138, and the case was scheduled for a sentencing hearing. Case-Laws Indian Laws Wed, 31 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344381