Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Dishonour of Cheque - Seeking setting aside of summoning order - vicarious liability on partner of a firm - The name of the petitioner is conspicuously not mentioned as an accused or a person responsible for the affairs of the said partnership firm. - The Delhi High Court quashed the summoning order against a 65-year-old lady, accused in a case involving cheque dishonour under Section 138 of the Negotiable Instruments Act, on grounds of insufficient evidence of her involvement in the day-to-day affairs of the partnership firm accused of issuing the bounced cheques.
Dishonour of Cheque - Seeking setting aside of summoning order - vicarious liability on partner of a firm - The name of the petitioner is conspicuously not mentioned as an accused or a person responsible for the affairs of the said partnership firm. - The Delhi High Court quashed the summoning order against a 65-year-old lady, accused in a case involving cheque dishonour under Section 138 of the Negotiable Instruments Act, on grounds of insufficient evidence of her involvement in the day-to-day affairs of the partnership firm accused of issuing the bounced cheques.
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