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Indian Laws - Highlights / Catch Notes

Home Highlights December 2021 Year 2021 This

Dishonor of Cheque - suspended director - Since the petitioner ...


Summons Valid for Suspended Director Over Dishonored Cheque; No Illegality Found in Order.

December 27, 2021

Case Laws     Indian Laws     HC

Dishonor of Cheque - suspended director - Since the petitioner is not a juristic person, but is a natural person, and, though he is a suspended director, yet when he is an erstwhile director of the corporate entity concerned, rather prima facie, at the relevant stage of issuance, was incharge of, and, responsible for the company, and, of the business of the corporate debtor. Therefore, the issuances of summons against him, through the making of the impugned order, does not suffer from any illegality. - HC

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