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    <title>2024 (10) TMI 1645 - Supreme Court</title>
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    <description>In a prosecution under Section 138 of the Negotiable Instruments Act, the statutory presumptions under Sections 118 and 139 operate once execution of the cheques is admitted or proved, and the accused must rebut them with a probable defence supported by evidence. A bare denial or unsubstantiated alternative version was held insufficient, and the conviction was upheld because the cheques, signatures, receipt of money, and existence of a legally enforceable debt were not effectively disproved. Where connected cheque dishonour cases arose from the same transaction, the Court exercised discretion to direct the substantive sentences to run concurrently, while leaving the default consequences for non-payment of compensation unaffected.</description>
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      <title>2024 (10) TMI 1645 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=461384</link>
      <description>In a prosecution under Section 138 of the Negotiable Instruments Act, the statutory presumptions under Sections 118 and 139 operate once execution of the cheques is admitted or proved, and the accused must rebut them with a probable defence supported by evidence. A bare denial or unsubstantiated alternative version was held insufficient, and the conviction was upheld because the cheques, signatures, receipt of money, and existence of a legally enforceable debt were not effectively disproved. Where connected cheque dishonour cases arose from the same transaction, the Court exercised discretion to direct the substantive sentences to run concurrently, while leaving the default consequences for non-payment of compensation unaffected.</description>
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