138 of N.I Act

venkat reddy (Querist) 24 October 2008 This query is : Resolved
To file a case in this section is it mandatory that it should be made a company party or the person who signed the cheque.

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K.C.Suresh (Expert) 24 October 2008
Under 138 the person who signed the cheque is the party. If he represents the company still he is the party.

Shyam Ji Srivastava (Expert) 24 October 2008
Dear venkat,
Mr. K.C.Suiresh is correct.

sanjay kumar patibandla (Expert) 25 October 2008
generally both are parties. Company and signatory should made as parties.

Srinivas.B.S.S.T (Expert) 25 October 2008
I agree with Sanjay Sir. You have to show the company also as a party if the person signed as authorised signatory or the person representing the company.

kumar sachin (Expert) 26 October 2008
sanjay bhai is correct

anonymus (Expert) 26 October 2008
JUST TO ADD:
THE PERSONS RESPONSIBLE FOR THE ISSUANCE OF THE CHEQUE SHOULD ALSO BE ADDED AS A PRTY BESIDES THE SIGNATORY AND THE COMPANY.

REGARDS, MEHBUB

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