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S.138 NI Act | Proprietor & Proprietary Concern Need Not Be Arrayed Separately As Accused: Karnataka High Court
Mustafa Plumber
11 Oct 2022 12:30 PM IST
The Karnataka High Court has held that a proprietary concern is not a separate entity and as such, ought not to be arrayed as a separate accused in a case registered under section 138 of the Negotiable Instruments Act. A single judge bench of Justice Suraj Govindaraj observed,"In a proceeding under Section 138 of N.I.Act, the arraying of a proprietor as an accused or a proprietary...
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