https://www.taxtmi.com/caselaws?id=441364 A voluntarily signed blank cheque handed over by a surety attracts the statutory presumptions under Sections 118 and 139 of the Negotiable Instruments Act, and the defence that it was only a security cheque was not enough to rebut liability where the evidence showed it was issued towards an outstanding balance after repossession of a vehicle. In revision, the High Court will not re-appreciate concurrent findings of conviction unless they are perverse, arbitrary, capricious, or illegal. Applying that limited scope, the conviction was maintained, but the substantive custodial sentence was reduced to imprisonment till the rising of the court while the fine direction remained undisturbed. en-us Wed, 19 Jul 2023 00:00:00 +0530 Tue, 08 Aug 2023 07:26:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441364 A voluntarily signed blank cheque handed over by a surety attracts the statutory presumptions under Sections 118 and 139 of the Negotiable Instruments Act, and the defence that it was only a security cheque was not enough to rebut liability where the evidence showed it was issued towards an outstanding balance after repossession of a vehicle. In revision, the High Court will not re-appreciate concurrent findings of conviction unless they are perverse, arbitrary, capricious, or illegal. Applying that limited scope, the conviction was maintained, but the substantive custodial sentence was reduced to imprisonment till the rising of the court while the fine direction remained undisturbed. Case-Laws Indian Laws Wed, 19 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441364