Dishonor of cheque - Vicarious liability of non-executive ...

Case Laws Indian Laws

December 14, 2022

Dishonor of cheque - Vicarious liability of non-executive Director / Promoter - Mere nomenclature in Form DIR-12 as Non-Executive Directed necessarily does not mean that the petitioner was not directly or indirectly related with the affairs of the respondent no. 2. If the petitioner is having the evidence that he was not responsible for the affairs of the respondent no. 2, it can be established and proved in accordance with law during the trial of the present complaints. - HC

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Dishonor of cheque - Vicarious liability of non-executive ...

Case Laws Indian Laws

December 14, 2022

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