https://www.taxtmi.com/caselaws?id=462522 In a cheque dishonour prosecution, the admitted cheque and signature triggered the statutory presumption in favour of the complainant, but the presumption remained rebuttable through cross-examination or a probable defence. The accused challenged the complainant's financial capacity to advance the amount and pointed to the absence of credible proof of funds, supporting documents for alleged sale proceeds, and a satisfactory explanation for the long period without interest. On reappreciation of the evidence, the complainant failed to establish the debt with sufficient reliability and the defence created serious doubt about the transaction. The accused therefore rebutted the presumption, and the acquittal was left undisturbed. en-us Thu, 27 Oct 2022 00:00:00 +0530 Sat, 28 Jun 2025 14:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=462522 In a cheque dishonour prosecution, the admitted cheque and signature triggered the statutory presumption in favour of the complainant, but the presumption remained rebuttable through cross-examination or a probable defence. The accused challenged the complainant's financial capacity to advance the amount and pointed to the absence of credible proof of funds, supporting documents for alleged sale proceeds, and a satisfactory explanation for the long period without interest. On reappreciation of the evidence, the complainant failed to establish the debt with sufficient reliability and the defence created serious doubt about the transaction. The accused therefore rebutted the presumption, and the acquittal was left undisturbed. Case-Laws Indian Laws Thu, 27 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=462522