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You Searched For "Cheque Bounce Cases"

Where the cheque is drawn by the MD of a Company on his personal capacity, Company is not liable even if it is for discharging the dues of Company; SC

Where the cheque is drawn by the MD of a Company on his personal capacity, Company is not liable even if it is for discharging the dues of Company; SC

The Supreme Court of India has held in a recent judgment Mainuddin Abdul Sattar Shaikh vs. Vijay D Salvi (Criminal Appeal No. 1472 of 2009), that the accused in a proceeding under Section 138 of the...

7 July 2015 1:50 PM GMT
Breaking ; #Dishonour of cheque issued by a company: Notice to individual directors of the company not contemplated under Section 138 of the NI Act : SC [Read the Judgment]

Breaking ; #Dishonour of cheque issued by a company: Notice to individual directors of the company not contemplated under Section 138 of the NI Act : SC [Read the Judgment]

Answering the issue whether notice under Section 138 of the Negotiable Instruments Act is mandatorily required to be sent to the directors of a Company before a complaint could be filed against such...

7 May 2015 1:09 AM GMT