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Blank cheque will be presumed to be issued for payment of debt unless proven otherwise: Kerala High Court
The High Court, citing Bir Singh v. Mukesh Kumar, held that a voluntarily signed blank cheque also attracts the presumption under Section 139 of the NI Act unless cogent evidence proves otherwise.
The Kerala High Court recently held that the presumption under Section 139 of the Negotiable Instrument Act (NI Act) that a cheque was issued to discharge debt or liability remains applicable even in the case of a voluntarily issued blank cheque [PK Uthuppu v NJ Varghese & Anr.].