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    Indian Laws

    Dishonour of cheque - vicarious liability not applicable -...

    Cheque dishonour: Proprietor/signatory liable, not others. Petitioner neither, so complaint dismissed.

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    Indian LawsJuly 10, 2024Case LawsHC

    Dishonour of cheque - vicarious liability not applicable - proprietorship concern - proprietor or signatory liable u/s 138 NI Act, not others - petitioner neither proprietor nor signatory - complaint against petitioner unsustainable - petition quashed - HC.

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