https://www.taxtmi.com/caselaws?id=430364 The court affirmed the lower courts' decisions, dismissing the Criminal Revision case and upholding the judgment finding the petitioners guilty under Section 138 of the Negotiable Instruments Act. The petitioners' arguments regarding lack of notice receipt, mandate holder status, and account attachment were rejected. The court determined that the cheques issued were for a valid debt, dishonored, and met the Act's requirements. The presumption under Sections 118 and 139 of the Act was not rebutted by the petitioners, leading to the affirmation of guilt and sentencing. en-us Wed, 26 Oct 2022 00:00:00 +0530 Fri, 18 Nov 2022 10:32:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430364 The court affirmed the lower courts' decisions, dismissing the Criminal Revision case and upholding the judgment finding the petitioners guilty under Section 138 of the Negotiable Instruments Act. The petitioners' arguments regarding lack of notice receipt, mandate holder status, and account attachment were rejected. The court determined that the cheques issued were for a valid debt, dishonored, and met the Act's requirements. The presumption under Sections 118 and 139 of the Act was not rebutted by the petitioners, leading to the affirmation of guilt and sentencing. Case-Laws Indian Laws Wed, 26 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430364