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    <title>2018 (3) TMI 1968 - GUJARAT HIGH COURT</title>
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    <description>Once issuance of the cheque and its dishonour were proved, Sections 118 and 139 raised a rebuttable presumption of legally enforceable debt in favour of the complainant, which the accused failed to displace by any probable defence on a preponderance of probabilities. The appellate acquittal was found unsustainable because the evidence supported the prosecution version, including cheque presentation, dishonour, statutory notice and non-reply. The enhanced punishment introduced in Section 138 after the 2002 complaint was held inapplicable because penal provisions are not retrospective. Compensation was considered justified in view of the proved dishonour and the failed defence, and the sentence was modified accordingly.</description>
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    <pubDate>Thu, 15 Mar 2018 00:00:00 +0530</pubDate>
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      <title>2018 (3) TMI 1968 - GUJARAT HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=303025</link>
      <description>Once issuance of the cheque and its dishonour were proved, Sections 118 and 139 raised a rebuttable presumption of legally enforceable debt in favour of the complainant, which the accused failed to displace by any probable defence on a preponderance of probabilities. The appellate acquittal was found unsustainable because the evidence supported the prosecution version, including cheque presentation, dishonour, statutory notice and non-reply. The enhanced punishment introduced in Section 138 after the 2002 complaint was held inapplicable because penal provisions are not retrospective. Compensation was considered justified in view of the proved dishonour and the failed defence, and the sentence was modified accordingly.</description>
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      <pubDate>Thu, 15 Mar 2018 00:00:00 +0530</pubDate>
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