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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - liability of retired partner from the ...


Retired Partner Liable for Dishonored Cheque Issued During Active Management, Despite Retirement Post-Presentation.

September 9, 2022

Case Laws     Indian Laws     HC

Dishonor of Cheque - liability of retired partner from the partnership firm - Retirement from the partnership firm subsequent to presentation of cheque will not exonerate the accused persons who had given the cheque when they were at the helm of affairs of the company on the date of presentation of cheque. - HC

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