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

18. On careful examination of all the documents of complainant, it is very clear that the complainant filed this complaint well within time and complied all the ingredients of N.I. Act 1881. The presumption Under Section 139 of the Act 20 C.C.No.6104 OF 2018 SCCH-26 is a presumption of law, it is not a presumption of fact. This presumption has to be raised by the court in all the cases once the factum of dishonor is established. The onus of proof to rebut this presumption lies on the accused. The standard of such rebuttable evidence depends on the facts and circumstances of each case. Such evidence must be sufficient to prove the case. Therefore a mere explanation is not sufficient to rebut this presumption of law. It is profitable to refer and relied Hon'ble Apex court recent decision passed in Criminal Appeal No.123/2021 arising out of special leave petition (criminal) 1876/2018 between M/s Kalamani Tex and another Vs P.Balasubramanian disposal date on 10-02-2021 (three judges bench). In this case, Apex court held that, once signature on cheque admitted by the accused, court ought to have presume that, cheque was issued as consideration for a legally enforceable debt.
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