https://www.taxtmi.com/caselaws?id=415901 In a prosecution under the Negotiable Instruments Act, the statutory presumptions as to consideration and liability arise only after execution and issuance of the cheque are proved, and the accused can rebut them by showing a probable defence on the preponderance of probabilities. On the evidence, the defence that the cheque had been issued blank in connection with an earlier transaction was found probable, supported by independent witnesses and documents. Applying the double presumption in favour of the accused in an appeal against acquittal, the High Court found no compelling reason or perversity to interfere, and the acquittal was left undisturbed. en-us Tue, 07 Dec 2021 00:00:00 +0530 Fri, 17 Dec 2021 08:51:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415901 In a prosecution under the Negotiable Instruments Act, the statutory presumptions as to consideration and liability arise only after execution and issuance of the cheque are proved, and the accused can rebut them by showing a probable defence on the preponderance of probabilities. On the evidence, the defence that the cheque had been issued blank in connection with an earlier transaction was found probable, supported by independent witnesses and documents. Applying the double presumption in favour of the accused in an appeal against acquittal, the High Court found no compelling reason or perversity to interfere, and the acquittal was left undisturbed. Case-Laws Indian Laws Tue, 07 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415901