LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

MUTHU MANICKAM (SERVICE)     03 July 2013

Single signature -joint account

Dear Experts

from the below link you can find the following message.  How to get the full case details/judgement/reference?

NEW DELHI: The Supreme Court has held that a joint account holder cannot be prosecuted in a cheque bounce case unless the cheque has been signed by each and every person of such account.

The apex court said only the person, who issues a cheque from a joint account, can be made accused in proceedings under section 138 of Negotiable Instruments (NI) Act for dishonour of the cheque.

https://articles.economictimes.indiatimes.com/2013-07-02/news/40329427_1_cheque-bounce-case-section-138-ni-act

 

thanking you in advance

Muthu manickam



 0 Replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register