1 APPLN-G-2240.10 IN THE HIGH COURT OF JUDICATURE AT BOMBAY APPELLATE SIDE  CRIMINAL CRIMINAL APPLICATION NO.2240 OF 2010 WITH CRIMINAL APPLICATION NO.2241 OF 2010 Arvind Tejshree Visaria .... Applicant Vs. Pradeep G. Rane & Anr. .... Respondents Shri S.S. Redekar for the Applicant. Ms P.P. Bhosale, APP, for the State. CORAM: R.C. CHAVAN, J. DATED: NOVEMBER 25, 2011 P.C: 1. The findings of learned Magistrate are based on the observations of the Supreme Court in Krishna Janardhan Bhat v. Dattatraya G. Hegde, reported in 2008 All MR (Cri.) 1164 (SC), followed by this Court in Sanjay Mishra v. Kanishka Kapoor @ Nikki and Anr., reported in 2009 (3) Bom.C.R. (Cri.) 157. The findings in Krishna Janardhan Bhat (supra) pertaining to presumption under Section 139 of the Negotiable Instruments Act have been over-ruled by the Supreme Court in Rangappa v.Mohan, reported in 2010 Cri.L.J. 2871. 2 APPLN-G-2240.10 2. In view of the above, leave granted. Appeals admitted. Call for the R & P.. Action under Section 390 of Cr.P.C. to follow. 3. The applications accordingly stand disposed of. (R.C. CHAVAN, J.)