Advocate Sushila
DIRECTORS CAN BE PROSECUTED UNDER SECTION 138 OF NEGOTIABLE INSTRUMENT ACT IF THE COMPANY IS NAMED
Advocate Sushila Ram 27 Jun 2020

DIRECTORS CAN BE PROSECUTED UNDER SECTION 138 OF NEGOTIABLE INSTRUMENT ACT IF THE COMPANY IS NAMED

The High Court of Madhya Pradesh has pronounced vide its Order dated 09.06.2020 in the case of Bhupendra Suryawanshi v. Sai Traders[M. Cr. C No. 735 of 2020] that a representative of a company cannot be prosecuted under Section 138 of Negotiable Instrument Act, 1881 (‘the N.I. Act’) unless the company is impleaded as a party.


To read more, please visit the link below:


http://www.theindianlawyer.in/blog/2020/06/27/directors-can-be-prosecuted-under-section-138-of-negotiable-instrument-act-if-the-company-is-named/


#negotiableinstrument #cheque #court

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