Dishonour of Cheque - Rebuttal of presumption - Financial ...

Indian Laws

March 6, 2024

Dishonour of Cheque - Rebuttal of presumption - Financial Capacity - misuse of Cheque by the complainant - The High Codurt noted that the Learned Trial Court rightly observed that no further question was asked from the complainant as to when the land was sold and for how much sale. Thus, the financial capacity of the complainant to lend the money is duly established. - The complainant is not obliged to prove the loan or the financial capacity. Once the presumption under Section 139 of the NI Act is available to the complainant, entire burden shifts upon the accused to rebut that presumption, which in the present case accused-petitioner has utterly failed

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Dishonour of Cheque - Rebuttal of presumption - Financial ...

Indian Laws

March 6, 2024

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