https://www.taxtmi.com/caselaws?id=409979 The High Court upheld the lower courts' decisions, dismissing the revision petition and affirming the accused's guilt under Section 138 of the Negotiable Instruments Act. The court found the accused failed to rebut the presumption of a legally enforceable debt arising from the dishonored cheque issued to discharge the Trust's liability. Additionally, the court deemed the statutory notice as served, holding the accused accountable as a trustee for the dishonored cheque issued during her tenure. The courts considered all evidence, including the accused's defense, and imposed a suitable sentence for the offense. en-us Wed, 07 Jul 2021 00:00:00 +0530 Tue, 20 Jul 2021 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409979 The High Court upheld the lower courts' decisions, dismissing the revision petition and affirming the accused's guilt under Section 138 of the Negotiable Instruments Act. The court found the accused failed to rebut the presumption of a legally enforceable debt arising from the dishonored cheque issued to discharge the Trust's liability. Additionally, the court deemed the statutory notice as served, holding the accused accountable as a trustee for the dishonored cheque issued during her tenure. The courts considered all evidence, including the accused's defense, and imposed a suitable sentence for the offense. Case-Laws Indian Laws Wed, 07 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409979