NI Act - Dishonour of cheque -

🔶 NI Act - Dishonour of cheque - A power of attorney holder who joined the Company after the transaction occurred and has no direct knowledge of the cheque execution cannot prove the transaction merely by relying on Company records 

🔶 NI Act - Merely because the complainant is a juristic entity, it will not dilute the rigour of proof required for proving the execution of cheque and execution cannot be presumed merely on the production of a cheque 

🔶 NI Act - Presumptions under Sections 118 and 139 will arise only after the execution of cheque is proved and if complainant's witness has no direct knowledge or did not witness the execution, prosecution will fail at the threshold itself

*2026 KHC OnLine 77*