In a case pertaining to dishonour of a cheque, the Allahabad High Court recently reiterated that a joint account holder who is not a signatory to the disputed cheque can't be prosecuted under Section 138 of the Negotiable Instruments Act, 1881. A bench of Justice Sandeep Jain also clarified that Section 141 of the NI Act, which deals with vicarious liability, is applicable only to...