https://www.taxtmi.com/caselaws?id=405571 A statutory notice under Section 138 of the Negotiable Instruments Act was treated as validly served where registered post delivery reached the petitioner's address, and courier receipt by the petitioner's son did not displace that finding. The plea that the cheques were merely security instruments also failed because the transaction reflected business-related financial accommodation, the accused did not lead defence evidence, and the presumption under Section 139 was not rebutted by credible material showing absence of debt or liability. The cheques were therefore treated as issued in discharge of liability, Section 138 applied, and the concurrent conviction was sustained. en-us Tue, 16 Mar 2021 00:00:00 +0530 Tue, 23 Mar 2021 08:43:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405571 A statutory notice under Section 138 of the Negotiable Instruments Act was treated as validly served where registered post delivery reached the petitioner's address, and courier receipt by the petitioner's son did not displace that finding. The plea that the cheques were merely security instruments also failed because the transaction reflected business-related financial accommodation, the accused did not lead defence evidence, and the presumption under Section 139 was not rebutted by credible material showing absence of debt or liability. The cheques were therefore treated as issued in discharge of liability, Section 138 applied, and the concurrent conviction was sustained. Case-Laws Indian Laws Tue, 16 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405571