https://www.taxtmi.com/caselaws?id=401707 The court upheld the conviction and sentence of the revision petitioner/accused under Section 138 of the Negotiable Instruments Act. The defense's claim that the bounced cheque was security for a business deal lacked reliable evidence, and failure to challenge the legal notice weakened their position. The courts found the complainant's solvency was sufficiently established, and the petitioner failed to rebut the presumption in favor of the complainant. The conviction and sentence were deemed appropriate based on the evidence and legal principles applied, leading to the dismissal of the Criminal Revision Petition. en-us Mon, 31 Aug 2020 00:00:00 +0530 Tue, 15 Dec 2020 10:35:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401707 The court upheld the conviction and sentence of the revision petitioner/accused under Section 138 of the Negotiable Instruments Act. The defense's claim that the bounced cheque was security for a business deal lacked reliable evidence, and failure to challenge the legal notice weakened their position. The courts found the complainant's solvency was sufficiently established, and the petitioner failed to rebut the presumption in favor of the complainant. The conviction and sentence were deemed appropriate based on the evidence and legal principles applied, leading to the dismissal of the Criminal Revision Petition. Case-Laws Indian Laws Mon, 31 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401707