Scope of section 141 of NI Act – U/S 138 only the drawer of the ...

Supreme Court: Non-drawer cannot be prosecuted u/s 138; liability extension requires Section 141 conditions met.

July 27, 2013

Case Laws Companies Law SC

Scope of section 141 of NI Act – U/S 138 only the drawer of the cheque can be prosecuted - the appellant was not a drawer of the cheque and had not signed the same - Sec. 141 contains conditions which have to be satisfied before the liability can be extended - SC

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Scope of section 141 of NI Act – U/S 138 only the drawer of the ...

Supreme Court: Non-drawer cannot be prosecuted u/s 138; liability extension requires Section 141 conditions met.

July 27, 2013

Case Laws Companies Law SC

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