https://www.taxtmi.com/caselaws?id=300085 The judgment finds the respondent/accused guilty under Section 138 of the Negotiable Instruments Act, 1881, for dishonoring post-dated cheques issued after the cancellation of an agreement of sale for Plot No. 28. The court emphasizes the statutory presumption under Section 139 of the Act and overturns the Magistrate's decisions, imposing fines and specifying compensation for the appellant. Non-compliance may result in imprisonment, with consecutive sentences for the two cases. The appeals are allowed in favor of the appellant, highlighting the importance of evidence evaluation and legal procedures in reaching a just outcome. en-us Fri, 31 Aug 2018 00:00:00 +0530 Wed, 12 Jan 2022 08:35:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300085 The judgment finds the respondent/accused guilty under Section 138 of the Negotiable Instruments Act, 1881, for dishonoring post-dated cheques issued after the cancellation of an agreement of sale for Plot No. 28. The court emphasizes the statutory presumption under Section 139 of the Act and overturns the Magistrate's decisions, imposing fines and specifying compensation for the appellant. Non-compliance may result in imprisonment, with consecutive sentences for the two cases. The appeals are allowed in favor of the appellant, highlighting the importance of evidence evaluation and legal procedures in reaching a just outcome. Case-Laws Indian Laws Fri, 31 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300085