Showing : 41-50 of 247 Results

SUPREME COURT OF INDIA
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Offence by company - Complaint against Director of company only without arraigning company as an accused - Arraigning of company as an accused is imperative - Accused acquitted...........
SUPREME COURT OF INDIA
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Company - Managing Director - Cheque issued on behalf of company - Managing Director cannot be convicted without impleading company as an accused...........
PUNJAB AND HARAYANA HIGH COURT
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Offence by company - Director - Vicarious liability - Before issuance of cheque, Director of a company who resigned from his post of Director and resignation duly accepted by Company vide its resolution passed in the meeting of its Board of Directors and Certificate to this..........
PUNJAB AND HARAYANA HIGH COURT
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138, 142, Criminal Procedure Code, 1973, Section 482-- Dishonour of cheque - Quashing of complaint and summoning order - Complaint u/s 138 of the Act - Offence by company - Accused was Director of company - He has resigned from directorship of company in year 2006 i.e. before bouncing of cheque - However, accused was signatory to the cheque which is..........
PUNJAB AND HARAYANA HIGH COURT
Year of decision: 2015
Details
Negotiable Instruments Act, 1881, Section 138, 142, Criminal Procedure Code, 1973, Section 482-- Dishonour of cheque - Complaint u/s 138 of the Act - Offence by company - Mere bald statement that Director was incharge of and was responsible to company for conduct of its business is not sufficient to hold person guilty...........
SUPREME COURT OF INDIA
Year of decision: 2014
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Offence by company - Vicarious liability - No specific role is attributed to appellant in commission of offence - Appellant resigned from Board of Directors much before the commission of offence - She was neither a director of accused company nor in charge of or involved in..........
SUPREME COURT OF INDIA
Year of decision: 2014
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Offence by company - Vicarious liability - Non-executive Director is no doubt a custodian of the governance of company but is not involved in day-to-day affairs of running of its business and only monitors the executive activity - Simply because a person is director of..........
BOMBAY HIGH COURT
Year of decision: 2014
Details
Negotiable Instruments Act, 1881, Section 138, 142-- Dishonour of cheque - Company - Complaint by power of attorney holder - Power of attorney in favour of PW1 was executed in view of resolution passed by company for appointing PW1 - Resolution was not signed by both the directors of company, as required, but by a single director - Such power of..........
BOMBAY HIGH COURT
Year of decision: 2014
Details
Negotiable Instruments Act, 1881, Section 138, 142-- Dishonour of cheque - Company - Complaint by power of attorney holder - PW1 attorney was only a private consultant - He had no personal knowledge of transaction between parties - Court below rightly observed that testimony of PW1 was based on information which must have given to him by supervisor..........
JAMMU AND KASHMIR HIGH COURT
Year of decision: 2014
Details
Negotiable Instruments Act, 1881, Section 138, 141-- Dishonour of cheque - Offence by company - Complaint u/s 138 of the Act - Quashing of complaint and summoning order - Where Director of company is arraigned as accused, then, Magistrate shall before taking cognizance in complaint against Director has to satisfy himself not only about existence of..........

Showing : 41-50 of 247 Results