https://www.taxtmi.com/caselaws?id=421479 A cheque dishonour conviction under Section 138 was upheld because the cheque, dishonour memos, statutory notice, and non-payment within time were proved, and the accused failed to rebut the Section 139 presumption with credible evidence. The defence that the cheque related to another transaction was rejected on the evidence. On sentence, the court held that cheque dishonour proceedings are primarily compensatory in nature, so the fine was reduced, compensation to the complainant was maintained, and the appellate cost was set aside. The default sentence was also adjusted to align the punishment with the compensatory object of the statute. en-us Wed, 23 Mar 2022 00:00:00 +0530 Tue, 26 Apr 2022 08:15:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421479 A cheque dishonour conviction under Section 138 was upheld because the cheque, dishonour memos, statutory notice, and non-payment within time were proved, and the accused failed to rebut the Section 139 presumption with credible evidence. The defence that the cheque related to another transaction was rejected on the evidence. On sentence, the court held that cheque dishonour proceedings are primarily compensatory in nature, so the fine was reduced, compensation to the complainant was maintained, and the appellate cost was set aside. The default sentence was also adjusted to align the punishment with the compensatory object of the statute. Case-Laws Indian Laws Wed, 23 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421479