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
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