'Cheque Bounce' Complaint Against Director Not Maintainable If Company Is Not Arraigned As Accused, Reiterates SC [Read Judgment]

The Supreme Court has reiterated that a 'cheque bounce' complaint against the director of the company is not maintainable if the company is not arraigned as an accused. The bench comprising Justice DY Chandrachud and Justice Hemant Gupta quashed the complaint while setting aside the high court order that had dismissed the petition filed by the accused under Section 482 of the...