Dishonor of Cheque - vicarious liability - directors have resigned from the company - Impact of...

Dishonor of Cheque - vicarious liability - directors have resigned from the company - Impact of injunction order to initiate prosecution - it cannot be said that the Civil Suit instituted by the petitioners has stands in the way of filing the complaint by the respondent before the court of leaned CJM, Tinsukia, the process of which was started much prior to passing the impugned order on 03.01.2019, whereas the cheques were presented in the bank by the respondents on 21.11.2018 - there are no merit in the petition. - HC .....

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