https://www.taxtmi.com/caselaws?id=388301 SC reversed lower courts' dismissal of cheque dishonor complaint under Section 138 of Negotiable Instruments Act. Respondent failed to rebut statutory presumption under Sections 118(a) and 139 regarding consideration for cheque issuance. Trial Court and HC erred by dismissing complaint based on discrepancies in amount determination despite written documentation crystallizing dues. Court held presumption established that cheque was drawn for existing debt discharge. Respondent found guilty, ordered to pay fine of Rs. 10,77,712 (twice cheque amount) plus Rs. 1,00,000 litigation costs within three months. Appeal allowed. en-us Thu, 17 Oct 2019 00:00:00 +0530 Wed, 16 Jul 2025 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388301 SC reversed lower courts' dismissal of cheque dishonor complaint under Section 138 of Negotiable Instruments Act. Respondent failed to rebut statutory presumption under Sections 118(a) and 139 regarding consideration for cheque issuance. Trial Court and HC erred by dismissing complaint based on discrepancies in amount determination despite written documentation crystallizing dues. Court held presumption established that cheque was drawn for existing debt discharge. Respondent found guilty, ordered to pay fine of Rs. 10,77,712 (twice cheque amount) plus Rs. 1,00,000 litigation costs within three months. Appeal allowed. Case-Laws Indian Laws Thu, 17 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388301