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    <title>2018 (3) TMI 1907 - KARNATAKA HIGH COURT</title>
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    <description>For Section 138 of the Negotiable Instruments Act, &quot;any debt or other liability&quot; is of wide import and can include liability undertaken on behalf of another person. Where issuance of the cheque is admitted, the presumption under Section 139 arises in favour of the payee. That presumption can be displaced only by cogent evidence; a bare denial is insufficient. On the stated facts, dishonour for insufficiency of funds and the remaining statutory requirements were treated as established, supporting liability under the cheque dishonour framework.</description>
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      <title>2018 (3) TMI 1907 - KARNATAKA HIGH COURT</title>
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      <description>For Section 138 of the Negotiable Instruments Act, &quot;any debt or other liability&quot; is of wide import and can include liability undertaken on behalf of another person. Where issuance of the cheque is admitted, the presumption under Section 139 arises in favour of the payee. That presumption can be displaced only by cogent evidence; a bare denial is insufficient. On the stated facts, dishonour for insufficiency of funds and the remaining statutory requirements were treated as established, supporting liability under the cheque dishonour framework.</description>
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      <pubDate>Thu, 22 Mar 2018 00:00:00 +0530</pubDate>
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