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Indian Laws - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Dishonor of Cheque - insufficiency of funds - A director, who ...

Indian Laws

June 28, 2018

Dishonor of Cheque - insufficiency of funds - A director, who was not in charge of and was not responsible for the conduct of the business of the Company at the relevant time, will not be liable for an offence under Section 141 of the Negotiable Instruments Act.

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