Partners Personally Liable for Firm’s Dishonoured Cheques Even if Not Signatories: Madhya Pradesh High Court

The High Court of Madhya Pradesh, Indore Bench, has dismissed a petition seeking the quashing of criminal proceedings under Section 138 of the Negotiable Instruments (N.I.) Act against a partner who did not sign the cheques in question. The Court held that since the petitioner was a partner on the date the underlying liability was

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