https://www.taxtmi.com/caselaws?id=274062 The appellate court overturned the acquittal of the accused under Section 138 of the Negotiable Instruments Act. The accused was convicted and sentenced to pay a fine of Rs. 10,000 and compensation of Rs. 2,82,000. The court found that the accused failed to effectively rebut the statutory presumptions, leading to the conviction. en-us Tue, 19 Sep 2006 00:00:00 +0530 Thu, 26 Jul 2018 16:33:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274062 The appellate court overturned the acquittal of the accused under Section 138 of the Negotiable Instruments Act. The accused was convicted and sentenced to pay a fine of Rs. 10,000 and compensation of Rs. 2,82,000. The court found that the accused failed to effectively rebut the statutory presumptions, leading to the conviction. Case-Laws Indian Laws Tue, 19 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274062