Dishonor of Cheque - vicarious liability can be fastened on the ...

Indian Laws

September 20, 2022

Dishonor of Cheque - vicarious liability can be fastened on the partner of the firm or not - When in view of the basic averment process is issued the complaint must proceed against the Directors or partners as the case may be. But, if any Director or Partner wants the process to be quashed by filing a petition under Section 482 of the Code on the ground that only a bald averment is made in the complaint and that he is really not concerned with the issuance of the cheque, he must in order to persuade the High Court to quash the process either furnish some sterling incontrovertible material or acceptable circumstances to substantiate his contention - SC

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Dishonor of Cheque - vicarious liability can be fastened on the ...

Indian Laws

September 20, 2022

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