https://www.taxtmi.com/caselaws?id=428866 SC held that where a post-dated cheque is issued but the drawer makes part-payment after the cheque is drawn and before presentation, the legally enforceable debt at maturity is reduced and the cheque's face value may not represent the debt. Consequently, statutory presumption under Section 138 is rebutted if the cheque did not represent the enforceable debt when dishonoured for insufficiency. The trial court's acquittal was affirmed and the appeal dismissed. en-us Tue, 11 Oct 2022 00:00:00 +0530 Tue, 05 May 2026 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428866 SC held that where a post-dated cheque is issued but the drawer makes part-payment after the cheque is drawn and before presentation, the legally enforceable debt at maturity is reduced and the cheque's face value may not represent the debt. Consequently, statutory presumption under Section 138 is rebutted if the cheque did not represent the enforceable debt when dishonoured for insufficiency. The trial court's acquittal was affirmed and the appeal dismissed. Case-Laws Indian Laws Tue, 11 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428866