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Indian Laws - Highlights / Catch Notes

Home Highlights October 2019 Year 2019 This

Dishonor of Cheque - Vicarious Liability of Directors - ...


Directors' Vicarious Liability: Resignations Unapproved, Accountability in Cheque Dishonor Cases Under Scrutiny.

October 3, 2019

Case Laws     Indian Laws     HC

Dishonor of Cheque - Vicarious Liability of Directors - resignation of directors - Without having the approval and recommendation of the board of directors the Form No. DIR – 11 has been accepted by the Registrar of the Companies. There is no denial to the fact that, till date the names of the applicants are being shown as director in the companies record.

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