https://www.taxtmi.com/caselaws?id=764407 Delhi HC set aside trial court's acquittal in Section 138 NI Act case. Accused issued cheque which dishonoured due to insufficient funds. Trial court acquitted accused reasoning complainant wasn't entitled to entire cheque amount as money was advanced by complainant and his children jointly. HC held once cheque execution is admitted, presumptions under Sections 118 and 139 NI Act arise against accused. Accused failed to rebut these presumptions with probable defence. All ingredients of Section 138 offence were satisfied. Acquittal order dated 19.11.2018 set aside. en-us Tue, 24 Dec 2024 00:00:00 +0530 Fri, 10 Jan 2025 08:57:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764407 Delhi HC set aside trial court's acquittal in Section 138 NI Act case. Accused issued cheque which dishonoured due to insufficient funds. Trial court acquitted accused reasoning complainant wasn't entitled to entire cheque amount as money was advanced by complainant and his children jointly. HC held once cheque execution is admitted, presumptions under Sections 118 and 139 NI Act arise against accused. Accused failed to rebut these presumptions with probable defence. All ingredients of Section 138 offence were satisfied. Acquittal order dated 19.11.2018 set aside. Case-Laws Indian Laws Tue, 24 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764407