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    <title>2021 (2) TMI 151 - DELHI HIGH COURT</title>
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    <description>A cheque attracts a presumption of consideration, and the accused must rebut the existence of a legally enforceable debt with credible material on a preponderance of probabilities; a mere denial or the complainant&#039;s failure to produce books of accounts is insufficient. Applying this principle, the record supported the finding that the cheques were issued towards repayment of liability, so the statutory presumption remained intact. Revisional interference was also unwarranted because revision is supervisory and not a forum for reappreciation of evidence absent perversity, illegality, or miscarriage of justice. The conviction and sentence were therefore sustained.</description>
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    <pubDate>Wed, 03 Feb 2021 00:00:00 +0530</pubDate>
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      <title>2021 (2) TMI 151 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=403659</link>
      <description>A cheque attracts a presumption of consideration, and the accused must rebut the existence of a legally enforceable debt with credible material on a preponderance of probabilities; a mere denial or the complainant&#039;s failure to produce books of accounts is insufficient. Applying this principle, the record supported the finding that the cheques were issued towards repayment of liability, so the statutory presumption remained intact. Revisional interference was also unwarranted because revision is supervisory and not a forum for reappreciation of evidence absent perversity, illegality, or miscarriage of justice. The conviction and sentence were therefore sustained.</description>
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