Bare ActsThe Negotiable Instruments Act, 1881

Section 139

Presumption in favour of holder.

Amendment status not verified — confirm the current text below against the official source.

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.

Amended up to 2019-11-02View on India Code →
Section 139 – The Negotiable Instruments Act, 1881 | DailyLaw.ai