https://www.taxtmi.com/caselaws?id=399338 A voluntarily signed cheque attracts the statutory presumptions under Sections 118 and 139 of the Negotiable Instruments Act in favour of the holder, and those presumptions are rebutted only by cogent material showing absence of debt, liability, or a probable defence. A blank cheque, if signed and handed over voluntarily, also attracts the same presumption unless theft, coercion, or misuse is convincingly shown. On the facts stated, the accused failed to displace the presumption, so the conviction under Section 138 stood; the sentence was then modified in revision from custody to a fine with compensation and default imprisonment. en-us Tue, 06 Oct 2020 00:00:00 +0530 Fri, 09 Oct 2020 10:55:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399338 A voluntarily signed cheque attracts the statutory presumptions under Sections 118 and 139 of the Negotiable Instruments Act in favour of the holder, and those presumptions are rebutted only by cogent material showing absence of debt, liability, or a probable defence. A blank cheque, if signed and handed over voluntarily, also attracts the same presumption unless theft, coercion, or misuse is convincingly shown. On the facts stated, the accused failed to displace the presumption, so the conviction under Section 138 stood; the sentence was then modified in revision from custody to a fine with compensation and default imprisonment. Case-Laws Indian Laws Tue, 06 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399338