SC IN THE CONTEXT OF SECTION 138 NI ACT HELD THAT IF SIGNATURE ON CHEQUE IS ADMITTED, PRESUMPTION UNDER SECTION 139 WILL BE RAISED
Written by: Riya Ganguly (Intern) Edited by: Anubhav Yadav (Content Head & Developer) The Supreme Court recently observed that under Section 139 of the NI Act, execution of a check mandates a presumption that the cheque is for the discharge of any debt or any other liability. The onus to rebut the aforesaid presumption is on the accused by raisin …
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