Court Rules Car and Loan Transactions Separate; Accused Fails to Rebut Presumption u/ss 118 & 139, Negotiable Instruments Act.

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....Dishonor of Cheque - Stop payment - The trial Court has rightly held that car loan transaction and the loan transaction under Ex.P1 were two distinct transactions and the accused failed to rebut the presumption available to the complainant under Sections 118 and 139 of the Negotiable Instruments Act. - HC....