https://www.taxtmi.com/caselaws?id=402430 The appellate court set aside the Trial Judge's acquittal of the accused due to failure to consider the statutory presumption under Section 139 of the Negotiable Instruments Act. The accused was convicted under Section 138 and ordered to pay a fine of Rs. 8,00,000/- to the complainant within eight weeks. Failure to pay would result in one year of simple imprisonment, with the trial court directed to secure the accused if necessary. en-us Wed, 23 Dec 2020 00:00:00 +0530 Fri, 01 Jan 2021 10:19:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402430 The appellate court set aside the Trial Judge's acquittal of the accused due to failure to consider the statutory presumption under Section 139 of the Negotiable Instruments Act. The accused was convicted under Section 138 and ordered to pay a fine of Rs. 8,00,000/- to the complainant within eight weeks. Failure to pay would result in one year of simple imprisonment, with the trial court directed to secure the accused if necessary. Case-Laws Indian Laws Wed, 23 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402430