Sec 138 NI Act | Compensation Over 10 Years After Cheque Issuance Not Excessive: HP High Court Dismisses Revision

The Himachal Pradesh High Court has dismissed a criminal revision petition filed by a convict in a cheque bounce case, upholding the concurrent findings of the lower courts. The Court ruled that once the issuance of a cheque and the signature are admitted, the statutory presumption under the Negotiable Instruments (NI) Act arises, shifting the

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