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High Court Upholds Conviction u/s 138 of Negotiable Instruments Act; Accused Fails to Rebut Presumptions.

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....Accused's conviction u/s 138 of Negotiable Instruments Act upheld. Once execution of cheque admitted, presumptions u/ss 118 and 139 raised against accused. Accused failed to rebut presumptions or establish probable defence showing no debt/liability existed on preponderance of probabilities. HC found no infirmity in trial court's findings upholding conviction. Petition dismissed.....