Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Company - Company and its Directors are not liable when cheque is drawn by an employee of company on his personal account for discharging dues of company and its Directors...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Liability - A person who draws a cheque on an account maintained by him for paying the payee, alone attracts liability...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Company - Company and its Directors are not liable when cheque is drawn by an employee of company on his personal account for discharging dues of company and its Directors...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Liability - A person who draws a cheque on an account maintained by him for paying the payee, alone attracts liability...........
Negotiable Instruments Act, 1881, Section 138, Income Tax Act, 1961, Section 269SS -- Dishonour of cheque - Appeal against acquittal - As per complainant, he advanced loan of Rs.7 lacs to accused and accused issued cheque for repayment of same - In terms of S.269-SS of 1961 Act, any advance by way of loan for more than Rs.20,000/- has to be made by account payee cheque..........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Legally enforceable debt or liability - Cheque issued precisely to secure the debt/liability that may arise under contract on account of accused undertaking the share sale/purchase transactions on credit basis through complainant broker - Cheque in question when presented was in respect of a..........
Negotiable Instruments Act, 1881, Section 138, Criminal Procedure Code, 1973, Section 256 -- Dishonour of cheque - Dismissal of complaint for no, prosecution - Case fixed for accused appearance - Complainant bonafide is established from the fact that its representative had been appearing on each and every date of hearing earlier - Only due to noting of wrong date..........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Joint account of `Either or Survivor' - It is drawer of the cheque who is liable - Joint account holder, who has neither signed nor issued the cheque in question, is not liable for the offence u/s 138 of the Act...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - When account maintained by accused is closed after issuing cheque, it amounts to offence u/s 138 of the Act...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Quashing of summoning order - Stop payment - Complainant has not stated in the complaint that petitioner had no sufficient money in his account to pay amount of cheques - No enquiry made by Magistrate on this issue - Summoning order passed by Magistrate is against provision of S.138 of Act - Summoning..........
