https://www.taxtmi.com/caselaws?id=430064 Admission of cheque execution triggered the rebuttable presumption under Section 139 of the Negotiable Instruments Act, and the accused failed to displace it because the claimed security-cheque defence was unsupported by contemporaneous protest, complaint, or stop-payment instructions. The appellate court's acquittal was also found unsustainable because it relied on the absence of a loan document and income-tax returns without adequately addressing the complainant's explanation of funds from land acquisition compensation and bank withdrawals. The conviction was therefore not permitted to stand as reversed on that reasoning, and the matter was remitted for fresh appellate consideration. en-us Mon, 31 Oct 2022 00:00:00 +0530 Mon, 12 Dec 2022 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430064 Admission of cheque execution triggered the rebuttable presumption under Section 139 of the Negotiable Instruments Act, and the accused failed to displace it because the claimed security-cheque defence was unsupported by contemporaneous protest, complaint, or stop-payment instructions. The appellate court's acquittal was also found unsustainable because it relied on the absence of a loan document and income-tax returns without adequately addressing the complainant's explanation of funds from land acquisition compensation and bank withdrawals. The conviction was therefore not permitted to stand as reversed on that reasoning, and the matter was remitted for fresh appellate consideration. Case-Laws Indian Laws Mon, 31 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430064