https://www.taxtmi.com/caselaws?id=377391 The High Court of Himachal Pradesh dismissed the appellant's appeal in a case under Section 138 of the Negotiable Instruments Act. The court upheld the respondent's acquittal, emphasizing the appellant's failure to provide specific transaction details and maintain proper accounts. The court highlighted the importance of rebutting the presumption under Sections 118 and 139 of the Act and ruled that the respondent successfully raised a probable defense by demonstrating the loss of the cheque book. The judgment underscores the significance of evidence and legal principles in cases involving dishonored cheques, leading to the dismissal of the appeal. en-us Mon, 25 Mar 2019 00:00:00 +0530 Fri, 29 Mar 2019 06:15:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377391 The High Court of Himachal Pradesh dismissed the appellant's appeal in a case under Section 138 of the Negotiable Instruments Act. The court upheld the respondent's acquittal, emphasizing the appellant's failure to provide specific transaction details and maintain proper accounts. The court highlighted the importance of rebutting the presumption under Sections 118 and 139 of the Act and ruled that the respondent successfully raised a probable defense by demonstrating the loss of the cheque book. The judgment underscores the significance of evidence and legal principles in cases involving dishonored cheques, leading to the dismissal of the appeal. Case-Laws Indian Laws Mon, 25 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377391