https://www.taxtmi.com/caselaws?id=394505 Notice sent by registered post to the drawer's correct address attracts the presumption of service under Section 27 of the General Clauses Act read with Section 114 of the Evidence Act, unless a reliable denial is shown. A written agreement acknowledging receipt of money, together with post-dated cheques, supports the existence of a legally enforceable debt or liability for the purposes of Section 138 of the Negotiable Instruments Act. Once execution of the cheques and the underlying transaction are admitted, the presumptions under Sections 118 and 139 arise, and the drawer must rebut them with a probable defence; a bare challenge to financial capacity raised late is insufficient. en-us Thu, 05 Mar 2020 00:00:00 +0530 Wed, 15 Apr 2020 12:09:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394505 Notice sent by registered post to the drawer's correct address attracts the presumption of service under Section 27 of the General Clauses Act read with Section 114 of the Evidence Act, unless a reliable denial is shown. A written agreement acknowledging receipt of money, together with post-dated cheques, supports the existence of a legally enforceable debt or liability for the purposes of Section 138 of the Negotiable Instruments Act. Once execution of the cheques and the underlying transaction are admitted, the presumptions under Sections 118 and 139 arise, and the drawer must rebut them with a probable defence; a bare challenge to financial capacity raised late is insufficient. Case-Laws Indian Laws Thu, 05 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394505