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    <title>2025 (9) TMI 1398 - HIMACHAL PRADESH HIGH COURT</title>
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    <description>HC dismissed the revision and upheld conviction under Section 138 NI Act. Courts below correctly drew presumptions under ss.118(a) and 139 as issuance and signature of the cheque were not disputed and notice was deemed served; the accused failed to rebut the statutory presumption or lead defence evidence. Dishonour marked &quot;account closed&quot; and non-repayment were established. Trial court&#039;s compensation award of Rs. 68,000 on a Rs. 50,000 cheque was held not excessive given delay and loss of use; no interference warranted.</description>
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    <pubDate>Tue, 23 Sep 2025 00:00:00 +0530</pubDate>
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      <title>2025 (9) TMI 1398 - HIMACHAL PRADESH HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=778909</link>
      <description>HC dismissed the revision and upheld conviction under Section 138 NI Act. Courts below correctly drew presumptions under ss.118(a) and 139 as issuance and signature of the cheque were not disputed and notice was deemed served; the accused failed to rebut the statutory presumption or lead defence evidence. Dishonour marked &quot;account closed&quot; and non-repayment were established. Trial court&#039;s compensation award of Rs. 68,000 on a Rs. 50,000 cheque was held not excessive given delay and loss of use; no interference warranted.</description>
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      <pubDate>Tue, 23 Sep 2025 00:00:00 +0530</pubDate>
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