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2011 (11) TMI 532 - SUPREME COURT
Section 138 of the Negotiable Instruments Act, 1881 - Dishonour of cheques – Held that:- Non-executive Director had resigned from the Company as a Director in 1998, well before the relevant date, namely, in the year 2004, when the cheques were issued. Such director cannot be responsible for the dishonor of alleged Cheque.
