Burden of proof would be on accused under NI Act that cheque wasn’t issued to discharge any debt: SC upholds HC’s order

FEMA, BANKING amp; INSURANCE : Where respondent filed complaint against appellant on ground that cheque issued by appellant to discharge enforceable liabilities had been dishonoured and appellant failed to rebut presumption that cheques were issued for consideration, High Court had not committed any error in convicting appellant for offence being committed under section 138

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000198684/burden-of-proof-would-be-on-accused-under-ni-act-that-cheque-wasn’t-issued-to-discharge-any-debt-sc-upholds-hc’s-order.aspx