https://www.taxtmi.com/caselaws?id=414666 The Court upheld the trial Court's decision and overturned the acquittal in an appeal against acquittal under Section 138 of the Negotiable Instruments Act. The accused's failure to disprove the statutory presumption under Sections 118 and 139, coupled with crucial evidence from the Bank's records, led to the restoration of the conviction. The defense's arguments were deemed unconvincing, with the Court emphasizing the need for a strong defense to counter the presumption effectively. The accused's admission of cheque ownership and the Bank's return memos played a significant role in supporting the conviction. en-us Fri, 08 Oct 2021 00:00:00 +0530 Mon, 15 Nov 2021 09:06:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414666 The Court upheld the trial Court's decision and overturned the acquittal in an appeal against acquittal under Section 138 of the Negotiable Instruments Act. The accused's failure to disprove the statutory presumption under Sections 118 and 139, coupled with crucial evidence from the Bank's records, led to the restoration of the conviction. The defense's arguments were deemed unconvincing, with the Court emphasizing the need for a strong defense to counter the presumption effectively. The accused's admission of cheque ownership and the Bank's return memos played a significant role in supporting the conviction. Case-Laws Indian Laws Fri, 08 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414666