https://www.taxtmi.com/caselaws?id=299548 The Supreme Court upheld the High Court's decision to convict the Appellant under Section 138 of the Negotiable Instruments Act, emphasizing statutory presumptions and burden of proof. The fine imposed by the High Court was reduced from Rs. 5,00,000 to Rs. 2,80,000, with additional costs of Rs. 20,000. The Supreme Court directed the disbursement of the adjusted amount, ensuring a fair outcome for both parties involved. en-us Mon, 21 Oct 2019 00:00:00 +0530 Sun, 19 Dec 2021 09:06:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299548 The Supreme Court upheld the High Court's decision to convict the Appellant under Section 138 of the Negotiable Instruments Act, emphasizing statutory presumptions and burden of proof. The fine imposed by the High Court was reduced from Rs. 5,00,000 to Rs. 2,80,000, with additional costs of Rs. 20,000. The Supreme Court directed the disbursement of the adjusted amount, ensuring a fair outcome for both parties involved. Case-Laws Indian Laws Mon, 21 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299548