Cheque Bounce: Can Director be Prosecuted U/s 138 NI Act if the Company is not made Accused? Answers Chhattisgarh HC

The Chhattisgarh High Court recently ruled that a director could not be prosecuted under Section 138 of the Negotiable Instruments Act unless the company was also charged.  Justice Gautam Bhaduri granted the petition to vacate the impugned orders, noting that only the company’s directors were named as defendants without any specific allegations about their roles,

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

Law Trend
Law Trend
Legal News Website Providing Latest Judgments of Supreme Court and High Court

Related Articles

Latest Articles