https://www.taxtmi.com/caselaws?id=797714 Admission of cheque execution invokes presumptions of consideration and discharge of liability under the Negotiable Instruments Act unless rebutted by cogent evidence. A bare assertion that the cheque was misplaced, unsupported by records or circumstances explaining its loss or possession by the lender, does not displace those presumptions; repayment liability for the friendly loan follows. Delivery of a demand notice at the undisputed correct address, supported by postal tracking, establishes service absent credible contrary material. Territorial jurisdiction exists where part of the cause of action arose through loan collection and cheque presentation. Pendente lite and future simple interest may be granted under the CPC despite no contractual interest agreement, where the rate is not arbitrary. en-us Mon, 10 Aug 2026 00:00:00 +0530 Thu, 27 Aug 2026 08:28:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797714 Admission of cheque execution invokes presumptions of consideration and discharge of liability under the Negotiable Instruments Act unless rebutted by cogent evidence. A bare assertion that the cheque was misplaced, unsupported by records or circumstances explaining its loss or possession by the lender, does not displace those presumptions; repayment liability for the friendly loan follows. Delivery of a demand notice at the undisputed correct address, supported by postal tracking, establishes service absent credible contrary material. Territorial jurisdiction exists where part of the cause of action arose through loan collection and cheque presentation. Pendente lite and future simple interest may be granted under the CPC despite no contractual interest agreement, where the rate is not arbitrary. Case-Laws Indian Laws Mon, 10 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797714