https://www.taxtmi.com/caselaws?id=285100 Admission of signatures on a cheque attracts the statutory presumption under section 139 of the Negotiable Instruments Act, 1881, and a bare claim that the cheque was issued only as security is not enough to rebut it. Unsupported defence evidence, non-examination of the alleged financier, and absence of reliable finance records left the liability finding intact. The objection of non-service of demand notice also failed because the address used for service was admitted and service could be presumed under section 27 of the General Clauses Act, 1897. The challenge to the complainant's financial capacity was not raised in trial or cross-examination and therefore did not affect the conviction. en-us Tue, 13 Mar 2018 00:00:00 +0530 Thu, 26 Dec 2019 17:43:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285100 Admission of signatures on a cheque attracts the statutory presumption under section 139 of the Negotiable Instruments Act, 1881, and a bare claim that the cheque was issued only as security is not enough to rebut it. Unsupported defence evidence, non-examination of the alleged financier, and absence of reliable finance records left the liability finding intact. The objection of non-service of demand notice also failed because the address used for service was admitted and service could be presumed under section 27 of the General Clauses Act, 1897. The challenge to the complainant's financial capacity was not raised in trial or cross-examination and therefore did not affect the conviction. Case-Laws Indian Laws Tue, 13 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285100