NCLT /138

very useful info! thank for sharing with us. 

very useful info! thank for sharing with us. 

YES YOU CAN FILE THE CASES FOR THOSE OFFENCES, BEFORE THE LEARNED MAGISTRATE.

THANKS

ASHOK KUMAR SINGH,

ADVOCATE

Dear Sir 

There has been no judicial pronouncement on the issue of whether the corporate insolvency resolution process period will also cover proceedings pending against the corporate debtor under section 138 of the NI Act. The corporate insolvency resolution process period is to apply to all proceedings where the primary liability is that of the corporate debtor and in a case of cheque bouncing, the primary liability is of the corporate debtor as the director signs a cheque only on behalf of the corporate debtor. 

Regards

Ashish