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Supreme Court of India 2019-08-21 allowed

Shree Daneshwari Traders vs Sanjay Jain and Another

Bench: 2 — <UNKNOWN>, <UNKNOWN>

In Brief

This criminal appeal challenges the acquittal of an accused under Section 138 of the Negotiable Instruments Act (cheque dishonor). The appellant, a trader, had supplied commodities on credit and received cheques as payment. The accused issued several cheques that were subsequently dishonored. The trial court acquitted the accused, but the appeal was allowed, holding that the cheques were issued to discharge a legally enforceable debt arising from the mercantile transaction. The accused failed to rebut the statutory presumption with credible evidence, warranting reversal of the acquittal."

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Negotiable Instruments Criminal Appeal Section 138 NI Act Cheque Dishonor Mercantile Transaction Debt Recovery

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