Negotiable Instruments: Exhaustive Coverage by Adv Roma Bhagat. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Arvind Rokade   10 February 2023

138 no act

A cheque is issued by partner in individual capacity and case is filled against company and partners. What repercussions. 


 5 Replies

Dr J C Vashista (Advocate)     10 February 2023

Case against the company is not maintainable and shall be dismissed.

Advocate Bhartesh goyal (advocate)     10 February 2023

Since  cheque was issued by partner in his individual capacity and not  as a partner/Director of company so company is not liable for  cosequences of it's dishonour and partner is liable for consequences of dishonour.

sahithi reddy   10 February 2023

Case against the corporation should be dropped since it cannot be maintained.

Ajinkya Mane   11 February 2023

what if cheque is signed by the chairman of committee who will be responsible for it committee or chairman

Sudhir Kumar, Advocate (Advocate)     12 February 2023

You are not clear with facts.


whether partner issued cheque from compnay account or personal account?

whether cheque has bounced or paid?

whether case filed is criminal or ciivl?


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register