https://www.taxtmi.com/caselaws?id=759720 In proceedings under Section 138 of the Negotiable Instruments Act, the statutory presumptions under Sections 118 and 139 operate in favour of the cheque holder once the loan transaction, cheque issuance, dishonour for insufficiency of funds, and service of notice are proved. The accused must rebut that presumption by contrary evidence; mere challenge to the bank witness's personal knowledge is insufficient where the documents and cheque are duly proved. In revision, concurrent findings are not disturbed absent perversity, and the revisional court will not reappreciate evidence on a fresh factual basis. en-us Tue, 01 Oct 2024 00:00:00 +0530 Mon, 07 Oct 2024 14:33:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759720 In proceedings under Section 138 of the Negotiable Instruments Act, the statutory presumptions under Sections 118 and 139 operate in favour of the cheque holder once the loan transaction, cheque issuance, dishonour for insufficiency of funds, and service of notice are proved. The accused must rebut that presumption by contrary evidence; mere challenge to the bank witness's personal knowledge is insufficient where the documents and cheque are duly proved. In revision, concurrent findings are not disturbed absent perversity, and the revisional court will not reappreciate evidence on a fresh factual basis. Case-Laws Indian Laws Tue, 01 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759720