https://www.taxtmi.com/caselaws?id=466167 Dishonour of cheque where the drawer issued a pre-presentation stop-payment instruction and maintained sufficient funds allows rebuttal of the statutory presumption of payment; if the stop instruction is grounded in a bona fide dispute or absence of a legally enforceable debt, criminal liability under the Negotiable Instruments Act for cheque dishonour does not arise and related criminal proceedings can be quashed. Presentation of cheques after receipt of notice and return reasons stating "payment stopped by the drawer," despite adequate account balance, support a defence negating Section 138 liability and justify setting aside the prosecution initiated for cheque dishonour. en-us Mon, 18 Dec 2023 00:00:00 +0530 Wed, 28 Jan 2026 07:12:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466167 Dishonour of cheque where the drawer issued a pre-presentation stop-payment instruction and maintained sufficient funds allows rebuttal of the statutory presumption of payment; if the stop instruction is grounded in a bona fide dispute or absence of a legally enforceable debt, criminal liability under the Negotiable Instruments Act for cheque dishonour does not arise and related criminal proceedings can be quashed. Presentation of cheques after receipt of notice and return reasons stating "payment stopped by the drawer," despite adequate account balance, support a defence negating Section 138 liability and justify setting aside the prosecution initiated for cheque dishonour. Case-Laws Indian Laws Mon, 18 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466167