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Guest (Guest)     23 April 2010

Directors--Liability--Cheque--Dishonour

 

Offence by company--Directors--Liability--Cheque--Dishonour--Averments must clearly indicate that director in question was in fact in charge of and responsible to company for conduct of its affairs--Directors not signatories to cheque nor holding office of managing director or manager--Not liable--Negotiable Instruments Act, 1881, s. 141-- K. Chinnusamy v . S. S. Dye Chem
(Mad)



 1 Replies

CA Adarsh Agrawal (CMD of SHAYVIDZ Group)     23 April 2010

Practically this is very important case law sir ! thanks alot for sharing !


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