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M.S. Narayana Menon @ Mani vs State Of Kerala & Anr on 4 July, 2006

12. It is only when all the aforementioned ingredients are satisfied that the person who had drawn the cheque can be deemed to have committed an offence under Section 138 of the N I Act. The Act also raises two presumptions in favour of the holder of the cheque namely first, in Section RISHABH 118(a) which says that every negotiable instrument was made or drawn for TANWAR consideration, and, second, a presumption under Section 139, that the holder Digitally signed by RISHABH TANWAR Date: 2025.03.11 15:06:34 +0530 CC No. 13644/2016 M/s Narain Timbers vs. M/s Salach Enterprises pg. no. 6/20 of cheque receiving the same of the nature referred to in Section 138 for discharge, in whole or in part, of any debt or other liability. Analysing all the concerned provisions of law and various pronouncements in this regard, the Hon'ble Apex Court in 'Basalingappa v. Mudibasappa, AIR 2019 SC 1983', noted at para 23 Bharat Barrel and Drum Manufacturing Company v. Amin Chand Pyarelal, (1999) 3 SCC 35; M.S. Narayana Menon alias Mani v. State of Kerala and another, (2006) 6 SCC 39; Krishna Janardhan Bhat v. Dattatraya G. Hegde, (2008) 4 SCC 54; Kumar Exports v. Sharma Carpets, (2009) 2 SCC 513; Rangappa v. Sri Mohan, (2010) 11 SCC 441]:
Supreme Court of India Cites 24 - Cited by 4105 - S B Sinha - Full Document

Krishna Janardhan Bhat vs Dattatraya G. Hegde on 11 January, 2008

12. It is only when all the aforementioned ingredients are satisfied that the person who had drawn the cheque can be deemed to have committed an offence under Section 138 of the N I Act. The Act also raises two presumptions in favour of the holder of the cheque namely first, in Section RISHABH 118(a) which says that every negotiable instrument was made or drawn for TANWAR consideration, and, second, a presumption under Section 139, that the holder Digitally signed by RISHABH TANWAR Date: 2025.03.11 15:06:34 +0530 CC No. 13644/2016 M/s Narain Timbers vs. M/s Salach Enterprises pg. no. 6/20 of cheque receiving the same of the nature referred to in Section 138 for discharge, in whole or in part, of any debt or other liability. Analysing all the concerned provisions of law and various pronouncements in this regard, the Hon'ble Apex Court in 'Basalingappa v. Mudibasappa, AIR 2019 SC 1983', noted at para 23 Bharat Barrel and Drum Manufacturing Company v. Amin Chand Pyarelal, (1999) 3 SCC 35; M.S. Narayana Menon alias Mani v. State of Kerala and another, (2006) 6 SCC 39; Krishna Janardhan Bhat v. Dattatraya G. Hegde, (2008) 4 SCC 54; Kumar Exports v. Sharma Carpets, (2009) 2 SCC 513; Rangappa v. Sri Mohan, (2010) 11 SCC 441]:
Supreme Court of India Cites 23 - Cited by 3978 - S B Sinha - Full Document
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