Who is liable when cheque is issued on personal account for discharging debt of Company?

G S Rao , Last updated: 14 December 2015  
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Introduction: Recently two judge bench of Supreme court delivered an interesting judgment on offence underSection 138 of Negotiable Instruments, Act,1881 ( referred as NI, Act) in the case Mainuddin Abdul Sattar Shaik Vs Vijay D Salvi,(Reported in AIR2015SC2579:MANU/SC/0720/2015) In this caseMana

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Published by

G S Rao
(Deputy General Manager)
Category Corporate Law   Report

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