https://www.taxtmi.com/caselaws?id=401707 In a cheque dishonour prosecution under Section 138 of the Negotiable Instruments Act, the accused failed to rebut the statutory presumption by proving that the cheque was issued only as security. The cheque was dishonoured, statutory notice was received, and no reply was sent. The defence version was unsupported by acceptable and reliable material, and the surrounding circumstances did not corroborate the claim of a security cheque in business dealings. On proper appreciation of the oral and documentary evidence, the concurrent findings of guilt were upheld and the conviction and sentence were not interfered with. 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 In a cheque dishonour prosecution under Section 138 of the Negotiable Instruments Act, the accused failed to rebut the statutory presumption by proving that the cheque was issued only as security. The cheque was dishonoured, statutory notice was received, and no reply was sent. The defence version was unsupported by acceptable and reliable material, and the surrounding circumstances did not corroborate the claim of a security cheque in business dealings. On proper appreciation of the oral and documentary evidence, the concurrent findings of guilt were upheld and the conviction and sentence were not interfered with. Case-Laws Indian Laws Mon, 31 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401707