LAWyersclubindia LCI
Login  Register
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Dishonour of cheque 138 act

(Querist) 15 July 2016 This query is : Resolved 
Our company has issued cheque and it is bounce we are 2 director for company then in this case who will liable company or directors individual?
Report Abuse
SAINATH DEVALLA (Expert) 16 July 2016
As the company is represented by both the directors in the day to day transactions both of them are jointly and severally liable for the documents issued for the same.
Rajendra K Goyal (Expert) 16 July 2016
Company and directors both jointly and severally are liable.
R.K Nanda (Expert) 16 July 2016
Nothing to add.
Guest (Expert) 16 July 2016
Well advised.
Dr J C Vashista (Expert) 19 July 2016
What is the advise of your company lawyer?

Previous
Next

You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :



Ask Query
Unanswered Queries

Laws Laws Follow us





Browse by Category

Stay updated with latest Posts!