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Dishonor of Cheque - Liability of Director - if concerned Director was in-charge of and was responsible to company for its conduct of business, he can be held to be guilty of offence under Section 138 of negotiable instruments act, 1881 Therefore, High Court ought not to have quashed proceedings against such directors - SC

Companies Law - Dishonor of Cheque - Liability of Director - if concerned Director was in-charge of and was responsible to company for its conduct of business, he can be held to be guilty of offence under Section 138 of negotiable instruments act, 1881 Therefore, High Court ought not to have quashed proceedings against such directors - SC - TMI Updates - Highlights .....

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