Others Judgements


Negotiable Instruments Act,1981 :: Liability for dishonour of cheque ::

  CA.Saibaburao Nanduri    05 September 2007 at 11:25

Held by Ho"ble court that liability u/s 141 is attracted if the person accused was incharge of and responsible for conduct of the company at the time of the offence. Hence the above mentioned fact has to be established before applying section 141.

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