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Indian Laws - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Dishonor of cheque - Responsibility of Director not engaged in ...


Director Not Liable for Cheque Dishonor Due to Lack of Involvement in Daily Company Affairs; Criminal Case Dismissed.

January 22, 2020

Case Laws     Indian Laws     HC

Dishonor of cheque - Responsibility of Director not engaged in day to day affair of the company - Director having majority shareholding - The complainant in his complaint has not alleged the specific role against the petitioner, to the fact that how she is responsible for issuance of the cheque - the criminal proceedings against the present petitioner would amount to abuse of process of law.

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