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Indian Laws - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Dishonor of Cheque due to insufficiency of funds - it was ...

Case Laws     Indian Laws

September 3, 2018

Dishonor of Cheque due to insufficiency of funds - it was necessary for the complainant to specifically aver and demonstrate as to how each one of accused directors were incharge and responsible for the conduct of the business of accused company. Therefore, the order of issuance of process passed by the learned Magistrate cannot be allowed to be sustained.

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