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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - role of the accused/petitioners - erstwhile ...


Former Directors Cleared in Cheque Dishonor Case: Resigned Before Issuance Date, Court Rules No Responsibility.

July 28, 2022

Case Laws     Indian Laws     HC

Dishonor of Cheque - role of the accused/petitioners - erstwhile directors - The certified copy of Form-32 is of sterling quality and can be considered by this Court at this stage. It is clear that once the petitioners had resigned way back in 2009 and 2010 respectively, they could not have been responsible either for the issuance of the cheque dated 25th April, 2016 nor for its dishonor in April and May, 2016. They could not have been impleaded as accused in the complaint. - HC

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