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Indian Laws - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Dishonor of Cheque - Vicarious liability of Director u/s 141 of ...

January 29, 2019

Case Laws     Indian Laws     HC

Dishonor of Cheque - Vicarious liability of Director u/s 141 of NI Act - it not being a case of the complainant that the petitioners were the signatories to the cheques in question, the order summoning them as accused merely on the allegations that they were “the directors” in the company accused at the relevant point of time is bad in law

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