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Indian Laws - Highlights / Catch Notes

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Dishonour of cheque - insufficient funds - vicarious liability ...

Indian Laws

February 15, 2024

Dishonour of cheque - insufficient funds - vicarious liability of partners - The court concludes that the complaint filed under Section 138 of the Negotiable Instruments Act, solely against the partners without impleading the partnership firm, is flawed. It exercises its power under Section 482 of the Criminal Procedure Code to quash the complaint.

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