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wrong signature on cheque


Who is liable for cheque issued by private limited company with false signature. What are the provision available under non negotiable instrument act if party files case in court under NI act section 138 and 141?
 
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Respected Sir,

Refer to the  National Commissions (NC) judgment in the case of United Commercial Bank v/s Mahendra Popatlal Vora [II-1995(1)CPR 242].

Regards,

Siddhartha Kundoo 

 
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Hello,

In this case the company is liable and they will be punishable under section 141 of the Negotiable Instrument Act, appropriate actions will be taken by the court according to the section 141.

Regards,
Joy Bose

 

 
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On picking 'Request is halfway right', Enter the 'Sum which is right' and the 'Sum which is mistaken' will be auto filled. Select the proper reason(s) from the rundown and fill all the appropriate fields, transfer the essential supporting records and 'Present' the reaction. Know your pan

 
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