Dishonor of Cheque - insufficiency of funds - rebuttal of ...
Accused fails to prove defense; found guilty of cheque dishonor u/s 138 of Negotiable Instruments Act.
August 19, 2020
Case Laws Indian Laws HC
Dishonor of Cheque - insufficiency of funds - rebuttal of presumption - The defence taken by the accused that the loan transaction was with the father of the complainant but not with the complainant since has remained not proved, the Courts below have rightly held that the complainant has proved the alleged guilt against the accused which is punishable under S.138 of the N.I. Act. - HC
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