Acquittal Set Aside in Cheque Dishonour Case Under Section 138 and Presumption Under Section 139 N.I. Act

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....The HC set aside the trial court's acquittal of the accused in a Section 138 N.I. Act cheque dishonour case. The court held that the accused's signature on the cheque was admitted, establishing execution and issuance. The trial court's requirement for evidence of prior demand or meeting between parties was deemed unnecessary and unreasonable. The prosecution sufficiently proved the transaction and cheque execution, invoking the statutory presumption under Section 139 of the N.I. Act in favor of the complainant. The accused failed to rebut this presumption. Consequently, the accused was found guilty of the offence under Section 138 of the N.I. Act. The appeal was allowed, and the acquittal was set aside.....