Under Section 138 N. I. Act,
1. three directors of the Co. prosecuted by the complainant. it is important to know that first is Co. through its one director and on second and third mentioned the other two directers of the Co. means the complainant has not impead seperately the first director. Whether he is liable ?
2. the first director has exhibited a receipt of Registra of Co. wherein he has resigned from the director in his defence evidence. whether the receipt have weight ?