https://www.taxtmi.com/caselaws?id=772724 Company complaints under the Negotiable Instruments Act are maintainable when the payee company acts through a Managing Director empowered by its Articles of Association and authorised by the Board to institute proceedings. Proof of cheque execution, supported by the underlying agreement, ledger extracts, confirmation letter and statutory notices, raises the presumption of legally enforceable debt or liability. The accused must rebut that presumption on a preponderance of probabilities; failure to produce sufficient contrary material sustains liability. Revisional interference with concurrent findings is unavailable unless they are perverse, illegal, grossly erroneous or unsupported by material. The convictions and sentences were sustained. en-us Mon, 24 Mar 2025 00:00:00 +0530 Fri, 13 Jun 2025 08:41:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772724 Company complaints under the Negotiable Instruments Act are maintainable when the payee company acts through a Managing Director empowered by its Articles of Association and authorised by the Board to institute proceedings. Proof of cheque execution, supported by the underlying agreement, ledger extracts, confirmation letter and statutory notices, raises the presumption of legally enforceable debt or liability. The accused must rebut that presumption on a preponderance of probabilities; failure to produce sufficient contrary material sustains liability. Revisional interference with concurrent findings is unavailable unless they are perverse, illegal, grossly erroneous or unsupported by material. The convictions and sentences were sustained. Case-Laws Indian Laws Mon, 24 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772724