N.I.Act
Company is the drawer of the cheque and the authorised signatory is merely a limb that signs the cheque
The main legal issue addressed in this case revolves around the maintainability…
Section 138 N.I Act: Closure of the bank accounts within a few weeks of issuance of the cheque raises serious questions about the conduct and intent of the respondent
Subject: Appeal against the judgment of the Honorable High Court. Brief Facts:…
Section 141 N.I Act: Unless assertions are made, vicarious liability of the Directors of the first accused company is not attracted
Section 141 N.I Act: Unless assertions are made, vicarious liability of the…
Interim Compensation (section 143A N.I Act): Broader interpretation that Authorized signatory is accountable for sections 143A and 148 N.I Act would lead to unjust liability and not supported by the statute
Appeal against the order of interim payment-Contract between appellant company and Cane…
Section 138: After the civil court declares the cheque as security the sentence and damages provided by the criminal court would not lie
Appellant convicted under section 138 NI Act - Whether accused can be…