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    <title>2010 (12) TMI 1331 - MADRAS HIGH COURT</title>
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    <description>A cheque issued for discharge of a debt already barred by limitation does not, by itself, satisfy the requirement of a legally enforceable debt or liability under Section 138 of the Negotiable Instruments Act. The statutory presumption under Section 139 remains rebuttable, and may be displaced where the admitted facts show a long lapse of time between the underlying transaction and the cheque, and where the claim is not directly supported by the complainant&#039;s own version. In such circumstances, continuation of the prosecution may amount to abuse of process, and quashing under Section 482 of the Code of Criminal Procedure may follow.</description>
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    <pubDate>Wed, 08 Dec 2010 00:00:00 +0530</pubDate>
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      <title>2010 (12) TMI 1331 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=298684</link>
      <description>A cheque issued for discharge of a debt already barred by limitation does not, by itself, satisfy the requirement of a legally enforceable debt or liability under Section 138 of the Negotiable Instruments Act. The statutory presumption under Section 139 remains rebuttable, and may be displaced where the admitted facts show a long lapse of time between the underlying transaction and the cheque, and where the claim is not directly supported by the complainant&#039;s own version. In such circumstances, continuation of the prosecution may amount to abuse of process, and quashing under Section 482 of the Code of Criminal Procedure may follow.</description>
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