Supreme Court clarifies director liability in cheque bounce cases
The Supreme Court of India ruled on September 20, 2005, that director liability in cheque bounce cases under the Negotiable Instruments Act requires specific…
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Indian Supreme Court limits director liability for cheque dishonour under NI Act
The Supreme Court of India clarifies that directors not involved in daily operations are not liable for cheque dishonour, impacting corporate governance and…
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NGO Secretary Liability for Cheque Bounce in India: A Legal Overview
In India, an NGO Secretary can face liability for cheque bounce under the Negotiable Instruments Act, 1881. This liability hinges on their specific role and…
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