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    <title>2012 (8) TMI 1204 - KARNATAKA HIGH COURT</title>
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    <description>Presumption under Section 139 of the Negotiable Instruments Act operated in favour of the cheque holder where the accused failed to raise a probable defence. The admitted sale agreement, issuance of cheques towards refund of advance, dishonour of the cheques, statutory demand, and the reply seeking time to pay supported the complainant&#039;s case. The concurrent findings were neither perverse nor illegal, so the conviction under Section 138 was sustained and no interference in revision was warranted.</description>
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      <description>Presumption under Section 139 of the Negotiable Instruments Act operated in favour of the cheque holder where the accused failed to raise a probable defence. The admitted sale agreement, issuance of cheques towards refund of advance, dishonour of the cheques, statutory demand, and the reply seeking time to pay supported the complainant&#039;s case. The concurrent findings were neither perverse nor illegal, so the conviction under Section 138 was sustained and no interference in revision was warranted.</description>
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