https://www.taxtmi.com/caselaws?id=402203 The High Court upheld the Trial Court's judgment, affirming the accused's acquittal in a case involving dishonoured cheques and a disputed debt of Rs. 2,04,000. The Court found no error in the Trial Judge's evaluation of evidence, emphasizing the rebuttable nature of the presumption under Section 139 of the NI Act. The lack of documentary evidence supporting the complainant's financial capacity and inconsistencies in her testimony were pivotal in the decision. The appeals were dismissed, reinforcing the importance of effective cross-examination and evidence presentation in challenging statutory presumptions. en-us Fri, 27 Nov 2020 00:00:00 +0530 Sat, 26 Dec 2020 10:42:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402203 The High Court upheld the Trial Court's judgment, affirming the accused's acquittal in a case involving dishonoured cheques and a disputed debt of Rs. 2,04,000. The Court found no error in the Trial Judge's evaluation of evidence, emphasizing the rebuttable nature of the presumption under Section 139 of the NI Act. The lack of documentary evidence supporting the complainant's financial capacity and inconsistencies in her testimony were pivotal in the decision. The appeals were dismissed, reinforcing the importance of effective cross-examination and evidence presentation in challenging statutory presumptions. Case-Laws Indian Laws Fri, 27 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402203