"Cheque Dishonor Drama: Accused Fails to Escape Presumption of Debt, Convicted!"
The judgment in the case of Religare Finvest Ltd vs Inder Pal revolves around an alleged offence under Section 138 of the Negotiable Instruments Act, 1881. This section addresses the dishonor of a cheque due to insufficient funds or any other reason, which leads to a criminal liability for the drawer of the cheque. The case highlights the critical aspects of presumption, burden of proof, and the defense in cheque…