https://www.taxtmi.com/caselaws?id=446985 Where issuance and dishonour of a cheque are proved, presumptions under the Negotiable Instruments Act operate in favour of the holder, and the accused must rebut them with credible evidence. A bare assertion that the cheque was issued as security or for another transaction is insufficient unless supported by material showing that consideration was improbable, doubtful, or not legally enforceable. On the facts noted, the cheque, signature, bank endorsements, notice, and reply notice supported the complainant's case, and no perversity or legal infirmity was found in the concurrent conviction under Section 138. en-us Thu, 07 Dec 2023 00:00:00 +0530 Sat, 16 Dec 2023 09:55:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446985 Where issuance and dishonour of a cheque are proved, presumptions under the Negotiable Instruments Act operate in favour of the holder, and the accused must rebut them with credible evidence. A bare assertion that the cheque was issued as security or for another transaction is insufficient unless supported by material showing that consideration was improbable, doubtful, or not legally enforceable. On the facts noted, the cheque, signature, bank endorsements, notice, and reply notice supported the complainant's case, and no perversity or legal infirmity was found in the concurrent conviction under Section 138. Case-Laws Indian Laws Thu, 07 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446985