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    <title>2021 (12) TMI 377 - Supreme Court</title>
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    <description>Execution of a cheque and the drawer&#039;s signature raised the statutory presumption of legally enforceable liability under the Negotiable Instruments Act, and the complainant&#039;s evidence was sufficient to shift the burden. The absence of one witness to the underlying transaction did not displace that presumption, especially where an admitted prior financial relationship existed and the cheque was presented within validity. A plea of coercion and misuse of blank signed papers and cheque leaves was rejected because it failed the preponderance of probabilities standard and was unsupported by cogent material. The SC sustained the conviction and did not restore the trial court&#039;s acquittal.</description>
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    <pubDate>Wed, 08 Dec 2021 00:00:00 +0530</pubDate>
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      <title>2021 (12) TMI 377 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=415611</link>
      <description>Execution of a cheque and the drawer&#039;s signature raised the statutory presumption of legally enforceable liability under the Negotiable Instruments Act, and the complainant&#039;s evidence was sufficient to shift the burden. The absence of one witness to the underlying transaction did not displace that presumption, especially where an admitted prior financial relationship existed and the cheque was presented within validity. A plea of coercion and misuse of blank signed papers and cheque leaves was rejected because it failed the preponderance of probabilities standard and was unsupported by cogent material. The SC sustained the conviction and did not restore the trial court&#039;s acquittal.</description>
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      <pubDate>Wed, 08 Dec 2021 00:00:00 +0530</pubDate>
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