Advocate Sushila
DIRECTORS CAN BE PROSECUTED UNDER SECTION 138 OF NEGOTIABLE INSTRUMENT ACT IF THE COMPANY IS NAMED
Advocate Sushila Ram 27 Jun 2020

DIRECTORS CAN BE PROSECUTED UNDER SECTION 138 OF NEGOTIABLE INSTRUMENT ACT IF THE COMPANY IS NAMED

The High Court of Madhya Pradesh has pronounced vide its Order dated 09.06.2020 in the case of Bhupendra Suryawanshi v. Sai Traders[M. Cr. C No. 735 of 2020] that a representative of a company cannot be prosecuted under Section 138 of Negotiable Instrument Act, 1881 (‘the N.I. Act’) unless the company is impleaded as a party.


To read more, please visit the link below:


http://www.theindianlawyer.in/blog/2020/06/27/directors-can-be-prosecuted-under-section-138-of-negotiable-instrument-act-if-the-company-is-named/


#negotiableinstrument #cheque #court

Did you find this write up useful? YES 0 NO 0
New Members view all

×

C2RMTo Know More

Something Awesome Is In The Work

0

DAYS

0

HOURS

0

MINUTES

0

SECONDS

Sign-up and we will notify you of our launch.
We’ll also give some discount for your effort :)

* We won’t use your email for spam, just to notify you of our launch.
×

SAARTHTo Know More

Launching Soon : SAARTH, your complete client, case, practise & document management SAAS application with direct client chat feature.

If you want to know more give us a Call at :+91 98109 29455 or Mail info@soolegal.com