Ni act

Law officer

A is a Company supplying some products to D. D is not paying the outstianding to A. D is also taken supplies from B, which is a holding company of A. B is holding cheque issued by D in its favour. now my question is can B file cheque bounce case if it is not honoured agianst the outstanding of D to A as a holding Company ? please help with relevant case laws. Thanks

 
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B can file complaint u/s 138 of N.I Act against D only in case when there is legally enforceable debt or liability  arises.

 
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Legal Evangelist - TRIPAKSHA

No.

 

 

Regards,

 

Shonee Kapoor

harassed.by.498a@gmail.com

 
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professional Advocate

i agree with Mr. Goyal.

 
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