https://www.taxtmi.com/caselaws?id=449660 Bombay HC allowed appeal against accused's acquittal in cheque dishonour case. Trial court erroneously acquitted accused despite failure to rebut Section 139 presumption under Negotiable Instruments Act. Documentary evidence established accused obtained loan of Rs. 6 lakhs with 15% interest, repayable in 60 instalments. Cheque amount was less than outstanding loan balance shown in ledger. Accused admitted signature, received legal notice at registered address without reply, and raised no defence regarding notice receipt. HC held presumption under Section 139 remained unrebutted, requiring conviction. Trial court's order quashed and set aside. en-us Mon, 12 Feb 2024 00:00:00 +0530 Sat, 17 Feb 2024 06:49:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449660 Bombay HC allowed appeal against accused's acquittal in cheque dishonour case. Trial court erroneously acquitted accused despite failure to rebut Section 139 presumption under Negotiable Instruments Act. Documentary evidence established accused obtained loan of Rs. 6 lakhs with 15% interest, repayable in 60 instalments. Cheque amount was less than outstanding loan balance shown in ledger. Accused admitted signature, received legal notice at registered address without reply, and raised no defence regarding notice receipt. HC held presumption under Section 139 remained unrebutted, requiring conviction. Trial court's order quashed and set aside. Case-Laws Indian Laws Mon, 12 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449660