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    <title>2026 (10) TMI 1301 - BOMBAY HIGH COURT</title>
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    <description>Admission of cheque execution triggers presumptions of consideration and legally enforceable liability under the Negotiable Instruments Act, rebuttable only through a consistent probable defence on a preponderance of probabilities. Inconsistent claims that a cheque was lost or stolen do not meet that standard. A dishonour marked &quot;refer to drawer&quot; may support cheque-dishonour liability, and crediting the cheque to an account connected with the payee&#039;s business can satisfy payee and presentment requirements where the nexus is established. Cash-loan contraventions under income-tax law do not, by themselves, render the underlying debt unenforceable. Revisional jurisdiction does not permit fresh appraisal of evidence absent perversity in concurrent findings.</description>
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    <pubDate>Wed, 30 Sep 2026 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=801358</link>
      <description>Admission of cheque execution triggers presumptions of consideration and legally enforceable liability under the Negotiable Instruments Act, rebuttable only through a consistent probable defence on a preponderance of probabilities. Inconsistent claims that a cheque was lost or stolen do not meet that standard. A dishonour marked &quot;refer to drawer&quot; may support cheque-dishonour liability, and crediting the cheque to an account connected with the payee&#039;s business can satisfy payee and presentment requirements where the nexus is established. Cash-loan contraventions under income-tax law do not, by themselves, render the underlying debt unenforceable. Revisional jurisdiction does not permit fresh appraisal of evidence absent perversity in concurrent findings.</description>
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