Liability of acceptor in 138. n i act
Adv. Charmi Makwana
(Querist) 07 April 2014
This query is : Resolved
Respected Experts,
I am for Respondent no.1 (original Complainant)
I have Cr. Rev. App.. In that application applicant (original Accused No. 3) saying that the Applicant by merely acting mechanically and not subjecting to the fact that the cheque in dispute was not a legally enforceable liability, the accused no. 3 submit that the present complaint is not maintainable in as much as merely being a non executive director with no active role in day to day affairs of company and not responsible for the dishonour cheque and remove her name from complaint but on other hand she has singed Bill Of Exchange as Acceptor
Also give me some case law which is related it
ajay sethi
(Expert) 07 April 2014
search in indian kanoon.com for citations . if cheque has not been signed by accused no 3 and he is not in charge of day to day management and is merely non executive director he has good case in revision .
Adv. Charmi Makwana
(Querist) 08 April 2014
Thank you Ajay Sethi Sir, but she has signed as Acceptor on Bill of Exchange.. How can she can say remove her name from Accused.. She is one of Director of her company..??
I am so confuse how to make Reply to her Cr. Rev. App.
Rajendra K Goyal
(Expert) 12 April 2014
Citation not provided in this section, search indiankanoon.com.
