https://www.taxtmi.com/caselaws?id=311179 A signed cheque voluntarily handed over by the drawer attracts the statutory presumptions under the Negotiable Instruments Act, and the presumption of liability remains unless the accused produces reliable evidence of repayment or of a different issuance date. A cheque described as blank, later filled by the payee, or issued as security does not by itself defeat liability where the underlying debt subsists. The appellate court's finding of material alteration was unsupported by evidence and treated as perverse. In revision, however, the High Court could not directly convert the acquittal into a conviction because of the bar under Section 401(3) CrPC, so the matter was remitted for fresh disposal. en-us Wed, 08 Feb 2023 00:00:00 +0530 Mon, 11 Dec 2023 19:45:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311179 A signed cheque voluntarily handed over by the drawer attracts the statutory presumptions under the Negotiable Instruments Act, and the presumption of liability remains unless the accused produces reliable evidence of repayment or of a different issuance date. A cheque described as blank, later filled by the payee, or issued as security does not by itself defeat liability where the underlying debt subsists. The appellate court's finding of material alteration was unsupported by evidence and treated as perverse. In revision, however, the High Court could not directly convert the acquittal into a conviction because of the bar under Section 401(3) CrPC, so the matter was remitted for fresh disposal. Case-Laws Indian Laws Wed, 08 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311179