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Indian Laws - Highlights / Catch Notes

Home Highlights July 2021 Year 2021 This

Dishonor of Cheque - dues was against the company but the cheque ...

Indian Laws

July 13, 2021

Dishonor of Cheque - dues was against the company but the cheque was issued by the petitioner from his personal account - Legally enforceable debt or not, in personal capacity - The petitioner would still be convicted even if he issues his personal cheque in discharge of the dues of the company. The learned appellate court has rightly held that petitioner being signatory of the bounced cheque is clearly responsible for non- payment of the amount to the complainant and rightly upheld the conviction of the petitioner - HC

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