KanoonHQ™
Back to THE NEGOTIABLE INSTRUMENTS ACT, 1881

THE NEGOTIABLE INSTRUMENTS ACT, 1881 · OF PENALTIES IN CASE OF DISHONOUR OF CERTAIN CHEQUES FOR INSUFFICIENCY OF FUNDS IN THE ACCOUNTS

Section 139 — Presumption in favour of holder

It shall be presumed, unless the contrary is proved, that the holder of a cheque received the cheque of the nature referred to in section138 for the discharge, in whole or in part, of any debt or other liability.