A person who has not drawn the cheque can’t be prosecuted u/s 138 NI Act even if there is a joint liability: SC

In a recent case, the Supreme Court observed that even in cases of joint liability, the person other than the person who has drawn the cheque in an account maintained by him couldn’t be prosecuted for the offence u/s 138 of the Negotiable Instrument Act. Background: In the instant case, a lawyer was the original

To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.

Click to Subscribe

If you are already a VIP Member, Click to Login Now

READ ALSO  No Improvement in Execution of Decree in India Since 1872, Says Supreme Court- Know Why
Ad 20- WhatsApp Banner

Law Trend
Law Trendhttps://lawtrend.in/
Legal News Website Providing Latest Judgments of Supreme Court and High Court

Related Articles

Latest Articles