https://www.taxtmi.com/caselaws?id=767035 Once execution of the cheque is admitted, Section 139 of the Negotiable Instruments Act raises a rebuttable presumption of debt or liability, operating as a reverse onus clause. The accused can rebut it by showing a probable defence on the preponderance of probabilities, and here the defence of a lost cheque book and absence of a legally enforceable debt was accepted as probable. The complainant failed to prove the underlying transaction, receipt of goods, or supporting account and stock records with cogent material. On that basis, the acquittal was found to be supported by the evidence and leave to appeal was refused. en-us Thu, 13 Feb 2025 00:00:00 +0530 Mon, 10 Mar 2025 08:42:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767035 Once execution of the cheque is admitted, Section 139 of the Negotiable Instruments Act raises a rebuttable presumption of debt or liability, operating as a reverse onus clause. The accused can rebut it by showing a probable defence on the preponderance of probabilities, and here the defence of a lost cheque book and absence of a legally enforceable debt was accepted as probable. The complainant failed to prove the underlying transaction, receipt of goods, or supporting account and stock records with cogent material. On that basis, the acquittal was found to be supported by the evidence and leave to appeal was refused. Case-Laws Indian Laws Thu, 13 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767035