https://www.taxtmi.com/caselaws?id=756685 Where issuance and dishonour of cheques are admitted, the statutory presumption of legally enforceable debt under the Negotiable Instruments Act applies in favour of the complainant. A defence that the cheques were only security instruments, or that a sale deed had already settled the transaction, raised disputed questions requiring trial and could not displace the prima facie offence at the quashing stage. The complaint under Section 138 was therefore not liable to be interfered with on the facts presented. en-us Mon, 05 Aug 2024 00:00:00 +0530 Wed, 07 Aug 2024 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756685 Where issuance and dishonour of cheques are admitted, the statutory presumption of legally enforceable debt under the Negotiable Instruments Act applies in favour of the complainant. A defence that the cheques were only security instruments, or that a sale deed had already settled the transaction, raised disputed questions requiring trial and could not displace the prima facie offence at the quashing stage. The complaint under Section 138 was therefore not liable to be interfered with on the facts presented. Case-Laws Indian Laws Mon, 05 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756685