https://www.taxtmi.com/caselaws?id=773609 Once the cheque and signature are admitted, the statutory presumptions under Sections 118(a) and 139 of the Negotiable Instruments Act operate, and the accused must rebut them by a probable defence on a preponderance of probabilities. A contradictory plea that the cheque was only a security cheque, together with denial of liability and absence of receipts, was insufficient to displace the presumption. The cheque dishonour for insufficiency of funds and due service of the demand notice supported liability under Section 138. The sentence of simple imprisonment and compensation was also treated as consistent with the deterrent and compensatory object of the provision, with no exceptional ground for revisional interference. en-us Wed, 18 Jun 2025 00:00:00 +0530 Wed, 09 Jul 2025 16:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773609 Once the cheque and signature are admitted, the statutory presumptions under Sections 118(a) and 139 of the Negotiable Instruments Act operate, and the accused must rebut them by a probable defence on a preponderance of probabilities. A contradictory plea that the cheque was only a security cheque, together with denial of liability and absence of receipts, was insufficient to displace the presumption. The cheque dishonour for insufficiency of funds and due service of the demand notice supported liability under Section 138. The sentence of simple imprisonment and compensation was also treated as consistent with the deterrent and compensatory object of the provision, with no exceptional ground for revisional interference. Case-Laws Indian Laws Wed, 18 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773609