S. 138 NI Act: Mere Undisputed Signatures on Cheque Not Sufficient For Conviction

Parveen Mehta Vs Vishal Joshi (Punjab & Haryana High Court) HC held that undisputed signatures of the respondent on the cheque in itself is not sufficient for conviction under Section 138 of the Act. One of the ingredient for succeeding under Section 138 of the Act is that the cheque was issued for discharge of debt or other liability. The respondent was successful in rebutting the presumptions raised against him under Section 139 of the Act and the appellant failed to discharge the onus casted upon him. The view taken by the trial court is a plausible view. No case is made out for grant o...