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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - Vicarious liability of Director u/s 141 of ...

Indian Laws

January 29, 2019

Dishonor of Cheque - Vicarious liability of Director u/s 141 of NI Act - it not being a case of the complainant that the petitioners were the signatories to the cheques in question, the order summoning them as accused merely on the allegations that they were “the directors” in the company accused at the relevant point of time is bad in law

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