https://www.taxtmi.com/caselaws?id=353576 Where the accused admits the signature on a cheque, the statutory presumptions under the Negotiable Instruments Act arise in favour of the holder, including presumptions of consideration and liability. In such a situation, the accused must rebut those presumptions with credible evidence; mere denial is insufficient. On the facts stated, the accused failed to disprove the promissory note or the assertion that the cheque was issued towards part-payment of an existing debt, and the concurrent findings were found to disclose no illegality or irregularity warranting revisional interference. The conviction and sentence were therefore upheld and the revision was dismissed. en-us Wed, 13 Dec 2017 00:00:00 +0530 Mon, 08 Jan 2018 09:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353576 Where the accused admits the signature on a cheque, the statutory presumptions under the Negotiable Instruments Act arise in favour of the holder, including presumptions of consideration and liability. In such a situation, the accused must rebut those presumptions with credible evidence; mere denial is insufficient. On the facts stated, the accused failed to disprove the promissory note or the assertion that the cheque was issued towards part-payment of an existing debt, and the concurrent findings were found to disclose no illegality or irregularity warranting revisional interference. The conviction and sentence were therefore upheld and the revision was dismissed. Case-Laws Indian Laws Wed, 13 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353576