https://www.taxtmi.com/caselaws?id=392994 The High Court of Chhattisgarh allowed the appeal against the respondent's acquittal under Section 138 of the Negotiable Instruments Act, 1881. The Court found that the cheques were issued for a cash loan, not for surety, and the respondent failed to disprove the liability. Legal presumptions supported the appellant's claim, leading to the respondent's conviction and a fine of Rs. 1,60,000. The Court emphasized the importance of evidence evaluation and adherence to legal provisions in cases involving dishonored cheques, ensuring the discharge of the liability with interest if the due amount is not paid promptly. en-us Thu, 27 Feb 2020 00:00:00 +0530 Wed, 04 Mar 2020 11:28:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392994 The High Court of Chhattisgarh allowed the appeal against the respondent's acquittal under Section 138 of the Negotiable Instruments Act, 1881. The Court found that the cheques were issued for a cash loan, not for surety, and the respondent failed to disprove the liability. Legal presumptions supported the appellant's claim, leading to the respondent's conviction and a fine of Rs. 1,60,000. The Court emphasized the importance of evidence evaluation and adherence to legal provisions in cases involving dishonored cheques, ensuring the discharge of the liability with interest if the due amount is not paid promptly. Case-Laws Indian Laws Thu, 27 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392994