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    <title>2023 (11) TMI 1118 - GUJARAT HIGH COURT</title>
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    <description>In a prosecution under the Negotiable Instruments Act, the undisputed cheque and signature triggered the presumptions under Sections 118(a) and 139 in favour of the complainant, but the presumption was rebutted on a preponderance of probabilities because the materials showed an outstanding liability of about Rs.8,99,000 against a cheque for Rs.9,99,000 and no explanation was offered for the extra Rs.1 lakh. That discrepancy was treated as going to the root of the claim and sufficient to establish a probable defence. Leave to appeal against the acquittal was therefore refused, and the acquittal was not disturbed.</description>
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    <pubDate>Wed, 01 Nov 2023 00:00:00 +0530</pubDate>
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      <title>2023 (11) TMI 1118 - GUJARAT HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=446227</link>
      <description>In a prosecution under the Negotiable Instruments Act, the undisputed cheque and signature triggered the presumptions under Sections 118(a) and 139 in favour of the complainant, but the presumption was rebutted on a preponderance of probabilities because the materials showed an outstanding liability of about Rs.8,99,000 against a cheque for Rs.9,99,000 and no explanation was offered for the extra Rs.1 lakh. That discrepancy was treated as going to the root of the claim and sufficient to establish a probable defence. Leave to appeal against the acquittal was therefore refused, and the acquittal was not disturbed.</description>
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      <pubDate>Wed, 01 Nov 2023 00:00:00 +0530</pubDate>
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