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Dishonor of Cheque - Directors of the company have been made ...


Directors Not Liable in Cheque Dishonor Case; Insufficient Allegations Against Company Leaders u/s 138.

January 9, 2023

Case Laws     Indian Laws     HC

Dishonor of Cheque - Directors of the company have been made parties in the said case - Merely because the petitioner No.1 is the signatory of the cheque in question, is not at all sufficient to arraign him as an accused. Moreover, the respondent has never made any averment in the complaint against the petitioner No.2 as to how he is responsible for the conduct of the business of the company, though he appears to be the director of the company. - HC

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