https://www.taxtmi.com/caselaws?id=770121 Admission of issuance and signature on a cheque triggers presumptions under Sections 118(a) and 139 of the Negotiable Instruments Act, shifting the burden to the drawer to raise a probable defence on a preponderance of probabilities. The commentary notes that a mere plea of security cheque, or a bare denial under Section 313 CrPC, is insufficient without reliable supporting evidence. It also states that dishonour for insufficiency of funds, service of statutory notice, and non-payment within time satisfy the ingredients of Section 138, and that a security cheque may still attract liability if debt exists on presentation. Revisional interference is limited to patent illegality, jurisdictional error, or perversity. en-us Fri, 02 May 2025 00:00:00 +0530 Wed, 07 May 2025 09:18:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770121 Admission of issuance and signature on a cheque triggers presumptions under Sections 118(a) and 139 of the Negotiable Instruments Act, shifting the burden to the drawer to raise a probable defence on a preponderance of probabilities. The commentary notes that a mere plea of security cheque, or a bare denial under Section 313 CrPC, is insufficient without reliable supporting evidence. It also states that dishonour for insufficiency of funds, service of statutory notice, and non-payment within time satisfy the ingredients of Section 138, and that a security cheque may still attract liability if debt exists on presentation. Revisional interference is limited to patent illegality, jurisdictional error, or perversity. Case-Laws Indian Laws Fri, 02 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770121