Burden of proof on accused to rebut the presumption that cheques was not issued for discharge of any debt or liability.

Sumeti Vij Vs Paramount Tech Fab Industries (Supreme Court) Conclusion: Since there was no response by the appellant at any stage either when the cheques were issued, or after the presentation to its banker, or after the legal notices were served informing the appellant that both the cheques on being presented to its banker were returned with a note that it could not be honoured because of “insufficient funds”  and there was no evidence to rebut the presumption that the cheques were issued for consideration, therefore, the High Court had not committed any error in recording the findin...