High Court of Karnataka Upholds Conviction in Cheque Dishonour Case — Dishonour of Cheque for Outstanding Dues Constitutes Offence Under Section 138 of Negotiable Instruments Act, 1881. The court held that the presumption under Section 139 of the N.I. Act applies and the accused failed to rebut it, confirming the conviction and fine....
The petitioners, M/s Gold Field Steels Pvt Ltd and Sri Sundareshan, were convicted by the XXI Addl. Chief Metropolitan Magistrate, Bangalore, for the offence under Section 138 of the Negotiable Instru...




