https://www.taxtmi.com/article/detailed?id=16645 Dishonour of a cheque with the endorsement "stop payment" can attract Section 138 of the Negotiable Instruments Act, 1881 where the cheque was issued towards a legally enforceable debt or liability and the statutory procedure is complied with. The liability is not avoided merely because the drawer instructed the bank not to honour the cheque. Once issuance and signature are admitted or proved, the reverse onus under Sections 118 and 139 operates, and the accused must rebut the presumption by a probable defence. en-us Sat, 13 Jun 2026 08:37:37 +0530 Sat, 13 Jun 2026 08:37:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16645 Dishonour of a cheque with the endorsement "stop payment" can attract Section 138 of the Negotiable Instruments Act, 1881 where the cheque was issued towards a legally enforceable debt or liability and the statutory procedure is complied with. The liability is not avoided merely because the drawer instructed the bank not to honour the cheque. Once issuance and signature are admitted or proved, the reverse onus under Sections 118 and 139 operates, and the accused must rebut the presumption by a probable defence. Articles Other Topics Sat, 13 Jun 2026 08:37:37 +0530 https://www.taxtmi.com/article/detailed?id=16645