https://www.taxtmi.com/caselaws?id=345432 Cheques issued towards repayment of an existing loan liability attracted Section 138 of the Negotiable Instruments Act because dishonour, service of statutory notices, and failure to pay within the prescribed period satisfied the statutory ingredients; the presumption under Sections 118(a) and 139 was not rebutted, so the conviction was upheld. Where three cheques were drawn on different dates and gave rise to separate causes of action, the court treated concurrent sentencing under Section 427 of the Code of Criminal Procedure as discretionary and sustained consecutive substantive sentences, including no requirement to make the default sentence on compensation concurrent. en-us Mon, 03 Jul 2017 00:00:00 +0530 Tue, 18 Jul 2017 10:22:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345432 Cheques issued towards repayment of an existing loan liability attracted Section 138 of the Negotiable Instruments Act because dishonour, service of statutory notices, and failure to pay within the prescribed period satisfied the statutory ingredients; the presumption under Sections 118(a) and 139 was not rebutted, so the conviction was upheld. Where three cheques were drawn on different dates and gave rise to separate causes of action, the court treated concurrent sentencing under Section 427 of the Code of Criminal Procedure as discretionary and sustained consecutive substantive sentences, including no requirement to make the default sentence on compensation concurrent. Case-Laws Indian Laws Mon, 03 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345432