Offence u/s 138 & 142 of the Negotiable Instrument Act - ...

Companies Law

April 25, 2015

Offence u/s 138 & 142 of the Negotiable Instrument Act - Dishonour of cheques -an employee of the Company signed the complaint & DGM of the Company gave evidence as if he knows everything though he does not know anything. There is nothing on the record to suggest that he was authorized by the Managing Director or any Director - Prosecution proceedings were rightly quashed - SC

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Offence u/s 138 & 142 of the Negotiable Instrument Act - ...

Companies Law

April 25, 2015

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