TMI BlogLiability of one of an independent Director of a Company under Section 141 of N.I. Act for the dishonour...Liability of one of an independent Director of a Company under Section 141 of N.I. Act for the dishonour of the cheque issued by the original accused on behalf of the company - Merely being a director of a company is not sufficient to make the person liable under Section 141 of the Act. A director in a company cannot be deemed to be in charge of and responsible to the company for the conduct of its business. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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