NIA Section 139

Negotiable Instruments Act

US
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NIAChapter XVII

S. 139

Presumption in favour of holder

Description

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.

By Raman Devgan
Updated: 16 Aug 2018
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