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Indian Laws - Highlights / Catch Notes

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Dishonour of Cheque - insufficiency of funds - As there are ...


High Court's Power u/s 482: Partner's Liability in Cheque Dishonor Case Examined for Evidence of Non-Involvement.

August 28, 2023

Case Laws     Indian Laws     SC

Dishonour of Cheque - insufficiency of funds - As there are specific allegations against the respondent no.1 in the complaint and he was admittedly a partner in the partnership firm when the rent deed was executed, he is liable to face prosecution. Powers under Section 482 of the Code can be exercised by the High Court in case when it comes across unimpeachable and incontrovertible evidence to indicate that the partner of the firm did not have any concern with the issuance of cheques. - SC

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