Presumption of Debt Under Section 138 of the Negotiable Instruments Act Clarified in Disputed Cases: Supreme Court
The High Court of Orissa at Cuttack has dismissed the criminal miscellaneous petitions filed by M/S. Sag Projects Pvt. Ltd. and another against the orders of cognizance taken by the trial court under Section 138 of the Negotiable Instruments Act. The case involves allegations of dishonoured cheques issued by the petitioners to M/S. Siddhartha Engineering Pvt. Ltd. for the recovery of unpaid technical service fees. Background and Facts of the…
