https://www.taxtmi.com/caselaws?id=781957 A post-dated cheque becomes enforceable on the date it bears, and presentation within the statutory period satisfies Section 138 of the Negotiable Instruments Act. Where the drawer admits signature, the presumptions under Sections 118 and 139 operate in favour of the payee unless rebutted by a probable defence; a bare plea that the cheque was lost, unsupported by reliable material, is insufficient. On compensation, Section 357(3) CrPC requires a just and reasonable relation to the proven liability, so compensation beyond the cheque amount was treated as excessive and reduced accordingly, with the default sentence modified. en-us Fri, 31 Oct 2025 00:00:00 +0530 Mon, 24 Nov 2025 08:57:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781957 A post-dated cheque becomes enforceable on the date it bears, and presentation within the statutory period satisfies Section 138 of the Negotiable Instruments Act. Where the drawer admits signature, the presumptions under Sections 118 and 139 operate in favour of the payee unless rebutted by a probable defence; a bare plea that the cheque was lost, unsupported by reliable material, is insufficient. On compensation, Section 357(3) CrPC requires a just and reasonable relation to the proven liability, so compensation beyond the cheque amount was treated as excessive and reduced accordingly, with the default sentence modified. Case-Laws Indian Laws Fri, 31 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781957