There is a presumption u/s 138 of NI Act, 1881 that the Court shall presume that the holder of a cheque received the cheque of the nature referred into Sec. 138 for the discharge, in whole or in part or any debt or other liability – Piyush Kumar Pappu Vs. Mukesh Kumar Bharti – Delhi High Court
Hon’ble High Court held that in the instant case, the issuance of cheque is not denied by the petitioner and there is a presumption under Section 138 of the NI Act that the Court shall presume that the holder of a cheque received the cheque of the nature referred into Section 138 of the NI Act, for the discharge, in whole or in part or any debt or other liability.
