Dishonor of Cheque - vicarious liability of the Directors for ...

Directors Not Liable for Cheque Bounce Without Evidence of Control or Signature, High Court Likely to Quash Case.

March 22, 2021

Case Laws Indian Laws HC

Dishonor of Cheque - vicarious liability of the Directors for having committed the offence under Section 138 of the N.I.Act - There is no allegation in the entire complaint that the present petitioners were either incharge of the Administration/Business of the company or that they are signatories to the cheque in question. - The complaint insofar as the present petitioners is liable to be quashed - HC

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Dishonor of Cheque - vicarious liability of the Directors for ...

Directors Not Liable for Cheque Bounce Without Evidence of Control or Signature, High Court Likely to Quash Case.

March 22, 2021

Case Laws Indian Laws HC

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