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ALLAHABAD HIGH COURT
Year of decision: 2002
Details
Indian Penal Code, 1860, Section 406, 42, Criminal Procedure Code, 1973, Section 482-- Deposits taken and post dated cheques issued when applicant was Director of the Company - Company closing office and fled away - Applicant resigned from directorship subsequently - Held, by resigning subsequently applicant is not absolved of responsibility - Going of company into liquidation also..........

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