https://www.taxtmi.com/caselaws?id=402438 The Court found that the Trial Court erred in acquitting the accused in a case involving dishonored cheques under Section 138 of the Negotiable Instruments Act. The complainant successfully proved the issuance of the cheques and the accused's failure to rebut the legal presumption. Consequently, the accused was convicted and ordered to pay Rs. 1,55,00,000/- to the complainant within eight weeks, with a two-year Simple Imprisonment term in default. The Trial Court was instructed to secure the accused if the payment was not made promptly. en-us Fri, 04 Dec 2020 00:00:00 +0530 Sat, 02 Jan 2021 09:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402438 The Court found that the Trial Court erred in acquitting the accused in a case involving dishonored cheques under Section 138 of the Negotiable Instruments Act. The complainant successfully proved the issuance of the cheques and the accused's failure to rebut the legal presumption. Consequently, the accused was convicted and ordered to pay Rs. 1,55,00,000/- to the complainant within eight weeks, with a two-year Simple Imprisonment term in default. The Trial Court was instructed to secure the accused if the payment was not made promptly. Case-Laws Indian Laws Fri, 04 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402438