https://www.taxtmi.com/caselaws?id=779145 On admitted execution of a cheque, the presumptions under Sections 118 and 139 of the Negotiable Instruments Act arise in favour of the complainant and can be displaced only by a probable defence supported by material on record. Revisional courts cannot disturb concurrent findings of conviction unless perversity or jurisdictional error is shown. A challenge based on the complainant's financial capacity failed on the facts, and a breach of Section 269SS of the Income-tax Act does not by itself render the underlying debt unenforceable for Section 138 purposes. The defence of a signed blank cheque, coupled with non-reply to statutory notice and no prompt supporting action, was treated as insufficient to rebut liability. en-us Thu, 25 Sep 2025 00:00:00 +0530 Wed, 24 Jun 2026 18:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779145 On admitted execution of a cheque, the presumptions under Sections 118 and 139 of the Negotiable Instruments Act arise in favour of the complainant and can be displaced only by a probable defence supported by material on record. Revisional courts cannot disturb concurrent findings of conviction unless perversity or jurisdictional error is shown. A challenge based on the complainant's financial capacity failed on the facts, and a breach of Section 269SS of the Income-tax Act does not by itself render the underlying debt unenforceable for Section 138 purposes. The defence of a signed blank cheque, coupled with non-reply to statutory notice and no prompt supporting action, was treated as insufficient to rebut liability. Case-Laws Indian Laws Thu, 25 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779145