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NI Act, Section 139. Presumption in favour of holder


 
Category of Bare Act Name of the Act Year of Promulgation
Criminal Laws Negotiable Instruments Act 1881
Act Number Enactment Date Chapter Number
26 09.12.1881 17
Chapter Title Ministry Department
Of Penalties in Case of Dishonour of certain Cheques for insuffiency of Funds in the Accounts Ministry of Finance Department of Financial Services

It shall be presumed, unless the contrary is proved, that the holder of a cheque received the cheque, of the nature referred to in section 138, for the discharge, in whole or in part, of any debt or other liability.

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