https://www.taxtmi.com/caselaws?id=461382 The HC overturned a trial court's acquittal in a cheque dishonor case, ruling that discrepancy between amount in figures (75,000) and words (Seventy Thousand) on the cheque does not invalidate it under Section 18 of the NI Act. The court held that the amount stated in words prevails. The trial court erroneously focused on this discrepancy and incorrectly applied the statutory presumptions under Sections 118 and 139. The respondent was convicted under Section 138, fined 80,000 (with default imprisonment of three months), with the amount to be released to the appellant as compensation. en-us Fri, 25 Jul 2008 00:00:00 +0530 Thu, 03 Apr 2025 16:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461382 The HC overturned a trial court's acquittal in a cheque dishonor case, ruling that discrepancy between amount in figures (75,000) and words (Seventy Thousand) on the cheque does not invalidate it under Section 18 of the NI Act. The court held that the amount stated in words prevails. The trial court erroneously focused on this discrepancy and incorrectly applied the statutory presumptions under Sections 118 and 139. The respondent was convicted under Section 138, fined 80,000 (with default imprisonment of three months), with the amount to be released to the appellant as compensation. Case-Laws Indian Laws Fri, 25 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461382