https://www.taxtmi.com/caselaws?id=424960 The High Court upheld the lower court's judgment, affirming the conviction under Section 138 of the Negotiable Instruments Act. The court found the defense of intentional dishonor untenable and upheld the conviction based on the presumption of discharge of debt through the cheques. The court also emphasized the timing of communication of revocation under the Indian Contract Act, concluding that the agreement was not terminated before the cheques were dishonored. The Petitioner was ordered to pay the fine within a specified period, facing imprisonment otherwise. en-us Fri, 08 Jul 2022 00:00:00 +0530 Wed, 13 Jul 2022 07:46:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424960 The High Court upheld the lower court's judgment, affirming the conviction under Section 138 of the Negotiable Instruments Act. The court found the defense of intentional dishonor untenable and upheld the conviction based on the presumption of discharge of debt through the cheques. The court also emphasized the timing of communication of revocation under the Indian Contract Act, concluding that the agreement was not terminated before the cheques were dishonored. The Petitioner was ordered to pay the fine within a specified period, facing imprisonment otherwise. Case-Laws Indian Laws Fri, 08 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424960