Conviction Upheld in Cheque Dishonour Case Under Section 138 NI Act, Security Cheque Defence Rejected, Limited Revisional Jurisdiction Emphasised: Himachal Pradesh High Court

In an important ruling, the Himachal Pradesh High Court examined the scope of conviction under Section 138 Negotiable Instruments Act, 1881 and upheld the conviction of the accused for cheque dishonour. The case titled Ashish versus State Bank of India dealt with validity of conviction, presumption under law, and limited scope of revisional jurisdiction. Background of the Dispute The case arose after Ashish issued a cheque bearing No. 661568 dated…