https://www.taxtmi.com/caselaws?id=364563 The Supreme Court reinstated the Trial Court's conviction and fine in a case involving dishonored cheques. The respondent failed to rebut the statutory presumption under Section 139 of the Negotiable Instruments Act, as insufficient funds and lack of explanation favored the complainants. Despite the High Court's reversal, the Supreme Court found the respondent's evidence lacking credibility, emphasizing the enforceable debt through cheques. The legal complexities regarding dishonored cheques, burden of proof, evidence evaluation, and the appellate process culminated in the restoration of the initial conviction by the Supreme Court. en-us Tue, 31 Jul 2018 00:00:00 +0530 Wed, 01 Aug 2018 06:48:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364563 The Supreme Court reinstated the Trial Court's conviction and fine in a case involving dishonored cheques. The respondent failed to rebut the statutory presumption under Section 139 of the Negotiable Instruments Act, as insufficient funds and lack of explanation favored the complainants. Despite the High Court's reversal, the Supreme Court found the respondent's evidence lacking credibility, emphasizing the enforceable debt through cheques. The legal complexities regarding dishonored cheques, burden of proof, evidence evaluation, and the appellate process culminated in the restoration of the initial conviction by the Supreme Court. Case-Laws Indian Laws Tue, 31 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364563