https://www.taxtmi.com/caselaws?id=392801 The High Court of Chhattisgarh allowed the appeal against the respondent's acquittal under Section 138 of the Negotiable Instruments Act, 1881. The court held that the respondent failed to rebut the presumption under Section 139 of the Act regarding the issuance of the cheque for debt discharge. The respondent's liability was established through witness testimony and documents, leading to conviction under Section 138 and imposition of a fine of Rs. 2,70,000. The judgment emphasized the respondent's signature on the cheque as proof of liability, directing payment to the appellant with interest until full realization. en-us Thu, 27 Feb 2020 00:00:00 +0530 Sat, 29 Feb 2020 06:29:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392801 The High Court of Chhattisgarh allowed the appeal against the respondent's acquittal under Section 138 of the Negotiable Instruments Act, 1881. The court held that the respondent failed to rebut the presumption under Section 139 of the Act regarding the issuance of the cheque for debt discharge. The respondent's liability was established through witness testimony and documents, leading to conviction under Section 138 and imposition of a fine of Rs. 2,70,000. The judgment emphasized the respondent's signature on the cheque as proof of liability, directing payment to the appellant with interest until full realization. Case-Laws Indian Laws Thu, 27 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392801