https://www.taxtmi.com/caselaws?id=402208 A Karnataka HC analysis on Section 138 of the Negotiable Instruments Act notes that admission of the cheque signature, proof of dishonour, and service of notice triggered the statutory presumption under Section 139. The accused tried to rebut it by alleging a different loan transaction, repayment, and misuse of the cheque, but the defence evidence was found doubtful and unsupported. The note further states that the appellate court did not adequately appreciate the record and relied mainly on one witness, so the presumption was not effectively displaced. en-us Tue, 15 Dec 2020 00:00:00 +0530 Sat, 26 Dec 2020 10:43:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402208 A Karnataka HC analysis on Section 138 of the Negotiable Instruments Act notes that admission of the cheque signature, proof of dishonour, and service of notice triggered the statutory presumption under Section 139. The accused tried to rebut it by alleging a different loan transaction, repayment, and misuse of the cheque, but the defence evidence was found doubtful and unsupported. The note further states that the appellate court did not adequately appreciate the record and relied mainly on one witness, so the presumption was not effectively displaced. Case-Laws Indian Laws Tue, 15 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402208