https://www.taxtmi.com/caselaws?id=401131 In a prosecution under the Negotiable Instruments Act, the presumption under Section 139 was held to arise once execution of the cheque and service of notice were established. The accused's admissions in cross-examination, including borrowing, prior dealings and part-payment, were treated as sufficient to support the complainant's case, and the defence failed to rebut the presumption credibly. A discrepancy in ledger entries was found insufficient to displace the documentary record and positive admissions. On that basis, the acquittal was set aside and liability for the offence under Section 138 was affirmed. en-us Thu, 19 Nov 2020 00:00:00 +0530 Sat, 28 Nov 2020 09:35:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401131 In a prosecution under the Negotiable Instruments Act, the presumption under Section 139 was held to arise once execution of the cheque and service of notice were established. The accused's admissions in cross-examination, including borrowing, prior dealings and part-payment, were treated as sufficient to support the complainant's case, and the defence failed to rebut the presumption credibly. A discrepancy in ledger entries was found insufficient to displace the documentary record and positive admissions. On that basis, the acquittal was set aside and liability for the offence under Section 138 was affirmed. Case-Laws Indian Laws Thu, 19 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401131