PRAMIL KUMAR MATHUR
Ratiram Yadav – Appellant
Versus
Gopal Sharma – Respondent
JUDGMENT
Reportable
These revision petitions arise from the following:
(i) Three revision petitions have been filed by the petitioner Ratiram Yadav whereby the accused Gopal Sharma has been acquitted of the charge under Section 138 of the Negotiable Instruments Act (in short “N.I. Act”).
(ii) One revision has been filed by accused Gopal Sharma against his conviction under Section 138 of the “N.I. Act”.
(iii) One revision petition has been filed by complainant Ratiram Yadav against reduction of sentence.
2. Since all the revisions are between the same parties and pertain to transaction of same nature containing common question of law, hence all are being disposed of by this common judgment.
3. The complainant–petitioner Ratiram Yadav filed four distinct complaints under Section 138 of the “N.I. Act” regarding cheque Nos. 132424, 132425, 132426 and 132427 drawn on State Bank of Bikaner and Jaipur, Murlipura Branch, Jaipur, bearing date of year 2013 and issued by accused Gopal Sharma for Rs.1,25,000/- each. All the cheques were dishonoured on presentation for the reason “insufficient funds”. Despite service of legal notice, the accused failed to make payment, compelling the comp
Dishonour of cheque – When a cheque is issued towards a time-barred debt and is dishonoured, liability under Section 138 of N.I. Act squarely arises.
The presumption under Sections 118 and 139 of the Negotiable Instruments Act remains in favor of the holder unless the accused provides credible evidence to rebut it.
A mandatory presumption applies in dishonour cases under Section 138 of the Negotiable Instruments Act, requiring the accused to provide evidence to rebut the lawful liability for which a cheque was ....
Insufficient funds for a cheque issued to discharge a lawful liability establishes an offence under Section 138 of the Negotiable Instruments Act, which includes a statutory presumption that must be ....
Dishonoured cheque attracts presumption of lawful debt under NI Act unless rebutted by accused on preponderance of probabilities; failure justifies conviction even for security cheque with subsisting....
Presumption under Sections 118/139 NI Act not rebutted by unsubstantiated security cheque claim; such cheques enforceable under Section 138 on dishonour for insufficient funds if liability undischarg....
Presumption under Sections 118/139 NI Act holds where accused admits cheque issuance but fails to rebut lawful liability with evidence; security cheques enforceable if dishonoured due to default; no ....
The nature of the debt must be proven during trial, and there is a presumption in favor of the holder of the cheque.
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.