https://www.taxtmi.com/caselaws?id=772970 The HC dismissed the criminal appeal challenging acquittal under Section 138 of the Negotiable Instruments Act. The accused successfully rebutted the presumption by providing evidence through reply notice and documents (Ex.D-1 to Ex.D-19), proving sufficient funds existed when stop payment instruction was issued (Ex.D-18). The court held that stop payment instructions do not attract Section 138 liability when adequate funds are available in the account at the time of issuance or return of cheque. The trial court's reasoning was found proper based on correct appreciation of evidence, confirming the accused's acquittal. en-us Mon, 02 Jun 2025 00:00:00 +0530 Tue, 17 Jun 2025 07:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772970 The HC dismissed the criminal appeal challenging acquittal under Section 138 of the Negotiable Instruments Act. The accused successfully rebutted the presumption by providing evidence through reply notice and documents (Ex.D-1 to Ex.D-19), proving sufficient funds existed when stop payment instruction was issued (Ex.D-18). The court held that stop payment instructions do not attract Section 138 liability when adequate funds are available in the account at the time of issuance or return of cheque. The trial court's reasoning was found proper based on correct appreciation of evidence, confirming the accused's acquittal. Case-Laws Indian Laws Mon, 02 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772970