2001 (2) TMI 995 - HC - VAT and Sales Tax

Summary

The Karnataka High Court quashed a case under section 138 of the Negotiable Instruments Act, 1881, as the cheque was dishonoured due to missing signatures and seal, not lack of funds. The accused, the managing director, was not liable for the offence. The petition was allowed, and the proceedings were quashed. (Case citation: 2001 (2) TMI 995 - Karnataka High Court)