Negotiable Instruments Act, 1881, Section 138 -- Company - Dishonour of cheque - Company Secretary filing complaint on behalf of company - Specific authorisation for filing each case is not required when there is general authorisation to an officer of the Board of Directors...........
Negotiable Instruments Act, 1881, Section 138 -- Company - Complaint against company and its Directors - Directors signing the cheque - They cannot escape their liability on the ground that they resigned after signing the cheque but before the cheques were deposited in the bank...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Compensation - By imposing the sentence of imprisonment alone complainant cannot recover the money from accused - Accused directed to pay compensation equal to that of cheque amount...........
Negotiable Instruments Act, 1881, Section 138, Criminal Procedure Code, 1973, Section 357(4) -- Dishonour of cheque - Compensation - Accused convicted and sentenced to three months simple imprisonment and to pay a fine of Rs.5, 000/- and in default to undergo simple imprisonment for 20 days - By imposing the sentence of imprisonment alone, complainant cannot recover the..........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Cheque if issued for security or for any other purpose the same does not come within the purview of S.138 of the Act...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Business dealing - Cheque alleged to be towards outstanding dues - Account books not produced by complainant - Contention of accused that cheque was issued as security believed - Conviction set aside...........
Negotiable Instruments Act, 1881, Section 138, 142 -- Dishonour of cheque - Complaint - Delay - Cannot be condoned without notice to accused...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Delay of 3 days in filing complaint- Condonation - Delay can be condoned only on issuance of notice to accused...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - 'Account closed' - Successive presentation - Makes no sense - Whenever cheque is dishonoured on ground of account closed, payee cannot resort to successive presentation to save the limitation...........
Negotiable Instruments Act, 1881, Section 138 -- Dishonour of cheque - Signatures does not tally with the specimen - Successive presentation - Makes no sense - Whenever cheque is dishonoured on ground of 'signatures does not tally with the specimen', payee cannot resort to successive presentation to save the limitation...........
