[Cheque Bounce] Standard of Proof for Rebutting the Presumption is Preponderance of Probabilities- SC Upholds Conviction U/s 138 NI Act

On Wednesday, while upholding a conviction under Section 138 of NI Act, the Supreme Court explained the law on the standard of proof required for the drawer to rebut the presumption. A Bench of Chief Justice NV Ramana, Justices AS Bopanna and Hima Kohli, delivered the Judgment in the case of (K.S. Ranganatha vs Vittal

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