gopal
(Querist) 30 April 2016
This query is : Resolved
A Company named X manufactures Bricks.That such Company appointed dealer for its business named y being a partnership firm.That against Payment of due outstanding amount a cheque is handed over to Y not by firm nor by any partner but by some other individual name in favour of Company Y.( in such cheque as issued by individual -surname with one of the partner was matching). In such situation will cheque bounce case under Section 138 lie against y ;if not what would be course of action by Company X
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