Supreme Court · 2001 INSC 522 · Decided 18 October 2001
K.N.BEENA v. Muniyappan and ANR.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 522 · [2001] SUPP. 4 S.C.R. 374
- Case number
- CRIMINAL APPEAL No. 1066/2001
- Decided
- 18 October 2001
- Bench
- K.T. THOMAS, S.N. VARIAVA (2-judge bench)
- Outcome
- Leave Granted & Disposed off
- Case type
- Criminal
- Acts & sections cited
- NI Act Section 138
Headnote
Negotiable Instruments Act,.1881 : · Section 118-Negotiable Instrument-Presumption as to-Of considera­ tion-Held: Unless the contrary is proved it has to be presumed that the Negotiable Instrument (including a cheque) is made or drawn for a considera­ tion. Section received the D cheque for discharge, in whole or in part, of a debt or liability. Section 138-Dishonour of cheque-For insufficiency of funds-Cheque issued by accused dishonoured-Trial court convicted the accused-But High Court, in revision, acquitted the accused on the ground that the payee had
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