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K. Bhaskaran vs Sankaran Vaidhyan Balan And Anr on 29 September, 1999

In K. Bhaskaran Vs. Sankaran Vaidhyan Balan ; AIR 1999 Supreme Court 3762; it was observed that as the signature in the cheque is admitted to be that of the accused, the presumption envisaged in Section 118 of the Act can legally be inferred that the cheque was made or drawn for consideration on the date which the cheque bears. Section 139 of the Act enjoins on the Court to presume that the holder of the cheque received it for the discharge of any debt or liability. The burden is on the accused to rebut the aforesaid presumption.
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