if a cheque bounces on which name of one director is there who signed it .
can we hold other directors of the company (whose signature is not there on cheque) also accountable and take them to court.
please quote relevant section of law.
regards
shivani
The check may bounce if it has expired or if there is a problem with the date when it was issued. Payments may also be halted by the issuer. In either case, the check is considered dishonored. A bank may dishonor a check for a variety of reasons.
Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
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AJAY SINGH AND CO LLP
Thane
CA Final
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CCI
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