Supreme Court Convicts Accused in Negotiable Instruments Act Case — Upholds Liability for Dishonoured Cheques. The court found that the statutory presumption under Section 139 was not properly applied by the lower courts, leading to an erroneous acquittal....
The appeals arose from a judgment of the High Court of Bombay which upheld the acquittal of the respondent-accused Sanjay Jain under Section 138 of the Negotiable Instruments Act. The appellant, M/s S...




