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Stories with the ‘ tag ‘ you searched for "section 138 and 141 of the Negotiable Instruments Act"
[S.138 NI Act] Person In Charge Of Trust Can't Be Arraigned As Accused Without Impleading The Trust Itself: Orissa High Court
Breaking; Dis-honour of Cheque cases can be filed only to the Court within whose local jurisdiction, the offence was Committed; ie, where the cheque is dishonoured by the bank on which it is drawn. Bhaskaran Vs Balan (1999) which allowed Five territorial Jurisdictions overruled [Read the Judgment]
When the accused company is let off, complaint cannot continue against Managing Director who is only vicariously liable: Supreme Court [Read the Judgment]