https://www.taxtmi.com/caselaws?id=410897 The High Court partly allowed the revision petition, confirming the conviction under Section 138 of the Negotiable Instruments Act for dishonoring cheques. The Court modified the fine imposed on the accused, emphasizing the importance of evidence, legal arguments, and proportionality in sentencing such cases. The judgment highlighted the rebuttal of the presumption of a legally enforceable debt, dispute over loan repayment, legal implications of 'stop payment' instructions, and the need for proportionality in penalties for offenses under the N.I. Act. en-us Thu, 22 Jul 2021 00:00:00 +0530 Thu, 12 Aug 2021 08:40:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410897 The High Court partly allowed the revision petition, confirming the conviction under Section 138 of the Negotiable Instruments Act for dishonoring cheques. The Court modified the fine imposed on the accused, emphasizing the importance of evidence, legal arguments, and proportionality in sentencing such cases. The judgment highlighted the rebuttal of the presumption of a legally enforceable debt, dispute over loan repayment, legal implications of 'stop payment' instructions, and the need for proportionality in penalties for offenses under the N.I. Act. Case-Laws Indian Laws Thu, 22 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410897