SangsLegal News A blank cheque leaf is voluntarily signed by the drawer is presumed to have been issued in fulfillment of a legally binding debt under NI Act: Supreme Court

According to Section 139 of the Negotiable Instruments Act, the Supreme Court has confirmed that when a blank cheque leaf is voluntarily signed by the drawer and given to the payee for a specific payment, it is presumed to have been issued in fulfillment of a legally binding debt.