https://www.taxtmi.com/caselaws?id=773234 In revisional jurisdiction, concurrent findings of guilt under Section 138 of the Negotiable Instruments Act are not interfered with unless they are perverse, illegal, or based on no evidence. Cheque issuance, dishonour for insufficiency of funds, and deemed service of notice were proved, while the defence that the cheque was a blank security cheque issued for a third-party transaction was unsupported and treated as an afterthought; the statutory presumption remained unrebutted, so conviction was upheld. The sentence of simple imprisonment and compensation was also sustained because the remedy is compensatory as well as deterrent, and the award was found proportionate to the default period, cheque amount, and loss suffered. en-us Tue, 17 Jun 2025 00:00:00 +0530 Fri, 20 Jun 2025 08:34:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773234 In revisional jurisdiction, concurrent findings of guilt under Section 138 of the Negotiable Instruments Act are not interfered with unless they are perverse, illegal, or based on no evidence. Cheque issuance, dishonour for insufficiency of funds, and deemed service of notice were proved, while the defence that the cheque was a blank security cheque issued for a third-party transaction was unsupported and treated as an afterthought; the statutory presumption remained unrebutted, so conviction was upheld. The sentence of simple imprisonment and compensation was also sustained because the remedy is compensatory as well as deterrent, and the award was found proportionate to the default period, cheque amount, and loss suffered. Case-Laws Indian Laws Tue, 17 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773234