https://www.taxtmi.com/caselaws?id=446225 The HC reversed the acquittal of the accused in a dishonour of cheque case under Section 138 of the Negotiable Instruments Act. The accused failed to rebut the statutory presumption, admitting in cross-examination that defense documents lacked signatures and acknowledging the modus operandi of invoices and stock transfer challans. The court found the defense of ulterior motive regarding unpaid sales commission insufficient. The HC restored the trial court's conviction and sentence, holding that the appellant established sufficient material evidence while the respondent provided no positive evidence to rebut the presumption. en-us Fri, 13 Oct 2023 00:00:00 +0530 Wed, 29 Nov 2023 07:31:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446225 The HC reversed the acquittal of the accused in a dishonour of cheque case under Section 138 of the Negotiable Instruments Act. The accused failed to rebut the statutory presumption, admitting in cross-examination that defense documents lacked signatures and acknowledging the modus operandi of invoices and stock transfer challans. The court found the defense of ulterior motive regarding unpaid sales commission insufficient. The HC restored the trial court's conviction and sentence, holding that the appellant established sufficient material evidence while the respondent provided no positive evidence to rebut the presumption. Case-Laws Indian Laws Fri, 13 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446225