Supreme Court clarifies director liability in cheque dishonour cases, shields non-operational roles
The Supreme Court has ruled that a director merely signing a board resolution does not automatically imply liability in a cheque dishonour case under the NI…
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Delhi High Court affirms retired directors aren’t liable for company’s post-exit cheque dishonours
The Delhi High Court has ruled that retired directors cannot be held responsible for a company’s dishonored cheques issued after their exit, clarifying direc…
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Kerala High Court affirms director’s vicarious liability for cheque dishonour
The Kerala High Court has affirmed former MD V.J. Joseph’s vicarious liability for cheque dishonour under the NI Act, setting a precedent for corporate accou…
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Supreme Court limits director liability in cheque dishonour cases
India’s Supreme Court clarifies director liability in cheque dishonour cases under the NI Act, ruling that signing board resolutions isn’t enough for prosecu…
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Punjab and Haryana High Court mandate: sole proprietary concerns liable in cheque dishonour
The Punjab and Haryana High Court recently ruled that both a sole proprietor and their concern must be accused in cheque dishonour cases under the NI Act, di…
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Cheque Bounce Cases Against NGO Employees: Navigating Individual Liability in India
Understand individual liability in cheque bounce cases involving NGO employees in India under the Negotiable Instruments Act, 1881. Learn about “plenary cont…
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Vicarious Liability of NGO Office Bearers: Understanding Section 141 NI Act
Understand the vicarious liability of NGO office bearers under Section 141 of the Negotiable Instruments Act, 1881, particularly for cheque dishonour.
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