https://www.taxtmi.com/highlights?id=65189 Dishonor of Cheque - Once the signature is admitted and execution is proved by the appellant by examining the independent witnesses, there is a presumption that the appellant has executed a promissory note for the valuable consideration. Therefore, under Section 118 of the Negotiable Instruments Act, no doubt, the said presumption is rebuttable presumption. The appellant has not rebutted the said presumption in the manner known to law. - HC en-us Mon, 22 Aug 2022 08:34:04 +0530 Mon, 22 Aug 2022 08:34:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65189 Dishonor of Cheque - Once the signature is admitted and execution is proved by the appellant by examining the independent witnesses, there is a presumption that the appellant has executed a promissory note for the valuable consideration. Therefore, under Section 118 of the Negotiable Instruments Act, no doubt, the said presumption is rebuttable presumption. The appellant has not rebutted the said presumption in the manner known to law. - HC Highlights Indian Laws Mon, 22 Aug 2022 08:34:04 +0530 https://www.taxtmi.com/highlights?id=65189