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RAMESH ANAND (Service)     04 December 2019

Prosecution of authorised signatory employee u/s 138 n i act

What is the liability of an Employee who was authorised signatory of Company cheques if he left the Company before 3 months of default ( dishonour of cheque which was issued post dated when he signed) . The Company asked him to terminate him and given experience letter , served only 5 months, he was not a Key Managerial person and was only a joint signatory never singly.

Can any leading judgement is available to absolve his criminal liabilty. ebeven summons notices was served on company address which is closed directors run away not traceable. NBW issued to employee in case



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RAMESH ANAND (Service)     14 December 2019

Originally posted by : RAMESH ANAND
What is the liability of an Employee who was authorised signatory of Company cheques if he left the Company before 3 months of default ( dishonour of cheque which was issued post dated when he signed) . The Company asked him to terminate him and given experience letter , served only 5 months, he was not a Key Managerial person and was only a joint signatory never singly.

Can any leading judgement is available to absolve his criminal liabilty. ebeven summons notices was served on company address which is closed directors run away not traceable. NBW issued to employee in case


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