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Section 139 NI Act — Presumption in favour of holder

The Negotiable Instruments Act, 1881 · Official PDF page 28

Open in NyayaOfficial PDF, page 28

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.

Text extracted from the official PDF (India Code source copy; consolidation date not certified). Line breaks and footnote marks may differ; the PDF is the authority.

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