Saturday, February 15, 2020

Admission of cheque issuance and signature thereon by accused creates presumption in favour of holder

FEMA, BANKING & INSURANCE : Section 139 is an example of reverse onus clause and, therefore, once issuance of cheque has been admitted and even signature on cheque has been admitted, there is always a presumption in favour of complainant that there exists legally enforceable debt or liability and thereafter, it is for accused to rebut such presumption by leading evidence

from www.taxmann.com Latest Case Laws https://ift.tt/2vE3aTq

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