https://www.taxtmi.com/caselaws?id=786960 When an accused adduces credible evidence that, on the preponderance of probabilities, undermines consideration and contemporaneous documentation for negotiable instruments, the statutory presumptions under the Negotiable Instruments Act can be rebutted and the evidential burden shifts back to the complainant; where the trial court accepted such a defence on the totality of evidence, a higher court should not overturn the acquittal by relying primarily on statutory presumptions without reassessing defence evidence. Operative effect: the conviction and sentence set aside and the trial court acquittal restored. en-us Thu, 19 Feb 2026 00:00:00 +0530 Tue, 24 Feb 2026 08:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786960 When an accused adduces credible evidence that, on the preponderance of probabilities, undermines consideration and contemporaneous documentation for negotiable instruments, the statutory presumptions under the Negotiable Instruments Act can be rebutted and the evidential burden shifts back to the complainant; where the trial court accepted such a defence on the totality of evidence, a higher court should not overturn the acquittal by relying primarily on statutory presumptions without reassessing defence evidence. Operative effect: the conviction and sentence set aside and the trial court acquittal restored. Case-Laws Indian Laws Thu, 19 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786960