https://www.taxtmi.com/caselaws?id=299267 Cheque issuance, timely presentation, dishonour on stop-payment instructions, and service of statutory notice were proved, and the courts found the underlying business liability established; the conviction under the Negotiable Instruments Act was therefore sustained. The custodial sentence was, however, found excessive in the circumstances and was reduced from one year's simple imprisonment to six months, while compensation was maintained at the cheque value. The revision thus succeeded only on sentence modification, with the finding of guilt left undisturbed. en-us Tue, 10 Jul 2012 00:00:00 +0530 Wed, 08 Dec 2021 16:51:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299267 Cheque issuance, timely presentation, dishonour on stop-payment instructions, and service of statutory notice were proved, and the courts found the underlying business liability established; the conviction under the Negotiable Instruments Act was therefore sustained. The custodial sentence was, however, found excessive in the circumstances and was reduced from one year's simple imprisonment to six months, while compensation was maintained at the cheque value. The revision thus succeeded only on sentence modification, with the finding of guilt left undisturbed. Case-Laws Indian Laws Tue, 10 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299267