Conviction Upheld in Cheque Bounce Case, Presumption of Legally Enforceable Debt Reaffirmed Under Section 138 NI Act

The Sessions Court at Bengaluru has delivered an important judgment under Section 138 Negotiable Instruments Act 1881, confirming the conviction of an accused in a cheque bounce case. The Court emphasized the legal presumption in favour of the complainant once issuance and signature on cheque are admitted. Background of the dispute The case titled J. Murali versus R. Selvaraj arose from a financial transaction between the parties who were known…