AdvertisementKuntegowda Vs Thurubaiah (Supreme Court of India) Supreme Court Restores Cheque Bounce Conviction; Financial Capacity Alone Cannot Rebut Statutory Presumption under the NI Act The Supreme Court, in Kuntegowda v. Thurubaiah (Judgment dated 4 August 2026), restored the conviction of the accused under Section 138 of the Negotiable Instruments Act, 1881, holding that the Karnataka High Court had exceeded its revisional jurisdiction by re-appreciating evidence and reversing concurrent findings of the Trial Court and the Appellate Court. The complainant had advanced a hand loan of ₹4.5 lakh, for w...