https://www.taxtmi.com/caselaws?id=403659 The High Court upheld the conviction of the petitioner under Section 138 of the Negotiable Instruments Act, finding that the cheques issued were for a legally enforceable debt. The court dismissed the revision petition, emphasizing the presumption of consideration under Section 118 of the Act and the lack of evidence to rebut it. The petitioner's challenges regarding the non-production of books of accounts by the respondent were deemed insufficient to overturn the conviction. en-us Wed, 03 Feb 2021 00:00:00 +0530 Fri, 05 Feb 2021 06:27:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403659 The High Court upheld the conviction of the petitioner under Section 138 of the Negotiable Instruments Act, finding that the cheques issued were for a legally enforceable debt. The court dismissed the revision petition, emphasizing the presumption of consideration under Section 118 of the Act and the lack of evidence to rebut it. The petitioner's challenges regarding the non-production of books of accounts by the respondent were deemed insufficient to overturn the conviction. Case-Laws Indian Laws Wed, 03 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403659