TMI BlogDishonor of cheque - Proceedings against the Joint Account Holder who is not the signatory of the cheque...Dishonor of cheque - Proceedings against the Joint Account Holder who is not the signatory of the cheque - Section 138 of the NI Act does not speak about the joint liability. Even in case of a joint liability, in case of individual persons, a person other than a person who has drawn the cheque on an account maintained by him, cannot be prosecuted for the offence Under Section 138 of the NI Act. A person might have been jointly liable to pay the debt, but if such a person who might have been liab..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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