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Indian Laws - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Dishonor of cheque due to insufficiency of funds - "Karta ...


Court Explores Vicarious Liability of Company Executives in Cheque Dishonor Case; Accountability of "Karta Dharta" Examined.

October 9, 2018

Case Laws     Indian Laws     HC

Dishonor of cheque due to insufficiency of funds - "Karta Dharta" of the company - Vicarious Liability there is no reason to disbelieve the basic averment to the effect that the persons who have been arrayed as accused, are responsible/ in charge of the day-to-day business of the Company.

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