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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - case of petitioner is that the petitioner ...

Indian Laws

May 6, 2020

Dishonor of Cheque - case of petitioner is that the petitioner being a non-executive Director was never in-charge of the business of the accused company or responsible to the company for the conduct of its business - vicariously liability u/s 138 - the petition is not only highly belated, but also filed only with a view to delay the trial - Dismissed with cost of ₹ 25,000/- to be paid to “PM Cares” Relief Fund

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