https://www.taxtmi.com/caselaws?id=272700 The Full Bench resolved a conflict between Division Bench judgments regarding the presumption under Section 118 of the Negotiable Instruments Act, 1881. It held that the presumption of consideration under Section 118 can be rebutted by a preponderance of probabilities. The defendant successfully rebutted the presumption in this case, leading to a shift in the burden of proof back to the plaintiff. Consequently, the suit was dismissed, following the Supreme Court's decision in Kundanlal's case. en-us Mon, 08 Dec 1986 00:00:00 +0530 Mon, 14 May 2018 12:21:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272700 The Full Bench resolved a conflict between Division Bench judgments regarding the presumption under Section 118 of the Negotiable Instruments Act, 1881. It held that the presumption of consideration under Section 118 can be rebutted by a preponderance of probabilities. The defendant successfully rebutted the presumption in this case, leading to a shift in the burden of proof back to the plaintiff. Consequently, the suit was dismissed, following the Supreme Court's decision in Kundanlal's case. Case-Laws Indian Laws Mon, 08 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272700