https://www.taxtmi.com/caselaws?id=405241 The appeal against the acquittal of the respondent in a case involving a complaint under Section 138 of the Negotiable Instruments Act was dismissed. The court emphasized the statutory presumptions under the Act regarding the issuance of cheques for discharging liabilities and the burden on the accused to rebut these presumptions. Despite the appellant's efforts to provide additional evidence, the court found a lack of concrete proof supporting the appellant's financial capacity to lend the amount in question. Consequently, the appellant failed to meet the burden of proof, leading to the dismissal of the appeal. en-us Tue, 09 Mar 2021 00:00:00 +0530 Mon, 15 Mar 2021 08:38:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405241 The appeal against the acquittal of the respondent in a case involving a complaint under Section 138 of the Negotiable Instruments Act was dismissed. The court emphasized the statutory presumptions under the Act regarding the issuance of cheques for discharging liabilities and the burden on the accused to rebut these presumptions. Despite the appellant's efforts to provide additional evidence, the court found a lack of concrete proof supporting the appellant's financial capacity to lend the amount in question. Consequently, the appellant failed to meet the burden of proof, leading to the dismissal of the appeal. Case-Laws Indian Laws Tue, 09 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405241