Firm Cheque Bounced in Delhi – Sue the Firm, the Partner, or Both?
Firm cheque bounced in Delhi: the complaint should name the firm and the partner who signed or was in charge. Naming only one person is how the first…
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Who Is “In Charge of the Business” in a Company Cheque Bounce Case
In charge of the business in a company cheque bounce case is how directors are added under Section 141. A designation on the letterhead is not always enough.
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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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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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Allahabad High Court reinforces specific allegations for director liability in cheque dishonour cases
The Allahabad High Court clarified director liability for cheque dishonour, requiring specific involvement in daily affairs for prosecution under the Negotia…
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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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Supreme Court: Company Must Be Accused in Cheque Dishonour Case from Start
India’s Supreme Court ruled that a company must be named an accused from the outset in a cheque dishonour case, or the complaint against its directors is inv…
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Rajasthan High Court quashes proceedings against Former Principal Under NI Act For Dishonour of School Cheque Issued After His Resignation
The Rajasthan High Court ruled that a former principal cannot face prosecution for cheque dishonour if the cheque was issued after their resignation, reinfor…
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Karnataka High Court quashes director liability in cheque case
The Karnataka High Court quashed a director liability cheque dishonour case against Mr. Sujith Sudhakaran, clarifying vicarious liability under the Negotiabl…
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