Rebuttable Presumption under Section 139 of the Negotiable Instruments Act, 1881 in Cheque Dishonour Cases — Case Analysis
The case involves a dispute under the Negotiable Instruments Act, 1881, particularly focusing on Section 139, which creates a presumption of liability on the drawer of a cheque. The appellant, Rajesh Kathuria, challenged a complaint filed by the respondent, Naveen Chaudhary, alleging dishonor of a cheque for Rs. 15,00,000/-. The main question was whether the cheque was issued as repayment of a loan or merely given as security. Details of…