Conviction u/s 138 upheld; accused failed to rebut statutory presumptions.

The conviction of the accused under Section 138 of the Negotiable Instruments Act was upheld as the accused failed to rebut the statutory presumptions under Sections 118 and 139. After admitting the execution of the cheque, the presumptions were raised against the accused, who could not establish a probable defense to show no debt or liability existed. The High Court found no error in the trial court's decision to uphold the conviction, leading to the dismissal of the petition. .....

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