Delhi High Court clarifies independent director liability in cheque dishonor cases
The Delhi High Court has clarified the liability of independent directors in cheque dishonor cases, stating specific involvement is needed for prosecution un…
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Kerala High Court curbs director liability in cheque dishonour if company acquitted
The Kerala High Court recently ruled against vicarious liability for directors in cheque dishonour cases when the company itself is acquitted of the offense.
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Orissa High Court Affirms Director Liability for Cheque Dishonour Despite Company Insolvency
The Orissa High Court ruled directors remain liable for cheque dishonour under Section 138 NI Act, rejecting insolvency as an escape. This impacts corporate…
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