https://www.taxtmi.com/caselaws?id=401128 In a cheque dishonour prosecution under Section 138 of the Negotiable Instruments Act, the statutory presumptions under Sections 118 and 139 operated once the cheque, dishonour, and loan transaction were proved. The accused's bare denial and claim that the cheque was given as security were insufficient to make the non-existence of liability probable, so the finding of liability was upheld. A demand notice sent by registered post to the correct address was treated as duly served where postal records showed repeated visits and avoidance or refusal, and the accused led no contrary evidence. The conviction and modified sentence were therefore affirmed. en-us Tue, 17 Nov 2020 00:00:00 +0530 Mon, 04 Nov 2024 14:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401128 In a cheque dishonour prosecution under Section 138 of the Negotiable Instruments Act, the statutory presumptions under Sections 118 and 139 operated once the cheque, dishonour, and loan transaction were proved. The accused's bare denial and claim that the cheque was given as security were insufficient to make the non-existence of liability probable, so the finding of liability was upheld. A demand notice sent by registered post to the correct address was treated as duly served where postal records showed repeated visits and avoidance or refusal, and the accused led no contrary evidence. The conviction and modified sentence were therefore affirmed. Case-Laws Indian Laws Tue, 17 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401128