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An Acknowledgment Rendering Plea Of Debt Being Time Barred Inconsequential [CASE LAW]

The Negotiable Instruments Act, 1881 - Section 138 - The issuance of cheque gives rise to a presumption of the amount being due and consequently an acknowledgment rendering the plea of debt being time barred inconsequential. It will be for the petitioner to show at the trial that the amount was not due or that the cheque had not been issued to the complainant.