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    <title>2021 (1) TMI 1185 - MADRAS HIGH COURT</title>
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    <description>Execution of the cheque was admitted, so the statutory presumption under Section 139 of the Negotiable Instruments Act operated in favour of the complainant. The accused&#039;s defence that the cheque had been issued to a third party was found unsupported by contemporaneous complaint, notice, or other steps, and was inconsistent on material particulars; the complainant&#039;s financial capacity was also not disproved. Applying the preponderance of probability standard, the accused failed to rebut the presumption, and no perversity or illegality was found in the concurrent findings. The conviction and sentence under Section 138 were therefore upheld, and revision was rejected.</description>
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      <title>2021 (1) TMI 1185 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=298871</link>
      <description>Execution of the cheque was admitted, so the statutory presumption under Section 139 of the Negotiable Instruments Act operated in favour of the complainant. The accused&#039;s defence that the cheque had been issued to a third party was found unsupported by contemporaneous complaint, notice, or other steps, and was inconsistent on material particulars; the complainant&#039;s financial capacity was also not disproved. Applying the preponderance of probability standard, the accused failed to rebut the presumption, and no perversity or illegality was found in the concurrent findings. The conviction and sentence under Section 138 were therefore upheld, and revision was rejected.</description>
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