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Basalingappa vs Mudibasappa on 9 April, 2019

In view of the position of law discussed in Basalingappa vs. Mudibasappa (Supra), what comes to the fore is that once the execution of cheque is admitted, Section 139 of the Act mandates a presumption that the cheque was for the discharge of any debt or other liability. The admission of the accused of his signatures on the cheque in question, the factum of issuance of the cheque and in view of the fact that the cheque in question has been drawn from the account of the accused, a statutory presumption is bound to be raised in favour of the complainant that the cheque in question was issued by the accused for the discharge of a legally recoverable debt or liability.
Supreme Court of India Cites 18 - Cited by 2275 - A Bhushan - Full Document

M/S Kalamani Tex vs P. Balasubramanian on 10 February, 2021

17. So far as the factum of liability is concerned, in view of the mandatory presumptions of law as discussed above, if an accepted signed cheque has been produced the complainant, then there cannot be any inherent lacuna in the existence of the liability. Recently, the Hon'ble Supreme Court in Kalamani Tex & Anr. v. P. Balasubramanian (2021 SCC Online SC 75) held as follows:
Supreme Court of India Cites 21 - Cited by 840 - S Kant - Full Document
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