Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
HC held that a partner can file a complaint under Section 138 of Negotiable Instruments Act without explicit firm authorization. The complaint against corporate directors was deemed maintainable under Section 141, with specific averments establishing accountability. Moratorium under IBC Section 14 does not bar criminal proceedings against directors for cheque dishonor. The court rejected the application to quash the complaint, finding no jurisdictional infirmity in the proceedings and affirming the partner's implied authority to initiate legal action on behalf of the partnership firm.
HC held that a partner can file a complaint under Section 138 of Negotiable Instruments Act without explicit firm authorization. The complaint against corporate directors was deemed maintainable under Section 141, with specific averments establishing accountability. Moratorium under IBC Section 14 does not bar criminal proceedings against directors for cheque dishonor. The court rejected the application to quash the complaint, finding no jurisdictional infirmity in the proceedings and affirming the partner's implied authority to initiate legal action on behalf of the partnership firm.
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