https://www.taxtmi.com/caselaws?id=404956 The court held that the cheques were issued as security and not for discharging an existing debt, therefore not falling under Section 138 of the Negotiable Instruments Act. The respondent's acquittal by the appellate court was upheld, emphasizing the distinction between cheques for current debts and those as security for future liabilities. The appeal was dismissed, highlighting the burden of proof in criminal cases and the necessity to establish guilt beyond a reasonable doubt. en-us Tue, 23 Feb 2021 00:00:00 +0530 Tue, 09 Mar 2021 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404956 The court held that the cheques were issued as security and not for discharging an existing debt, therefore not falling under Section 138 of the Negotiable Instruments Act. The respondent's acquittal by the appellate court was upheld, emphasizing the distinction between cheques for current debts and those as security for future liabilities. The appeal was dismissed, highlighting the burden of proof in criminal cases and the necessity to establish guilt beyond a reasonable doubt. Case-Laws Indian Laws Tue, 23 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404956