<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2000 (10) TMI 904 - HIGH COURT OF BOMBAY</title>
    <link>https://www.taxtmi.com/caselaws?id=105706</link>
    <description>A former additional director could not be prosecuted under the Negotiable Instruments Act and the Indian Penal Code for dishonour of cheques issued after he had ceased to be associated with the company. His resignation was recorded in Form No. 32 and was not specifically denied; in any event, an additional director under section 260 of the Companies Act, 1956 holds office only until the next annual general meeting, so his tenure had ended before the relevant lease transaction and cheque dishonour. On those facts, he had no connection with the company when the alleged offences arose, and the criminal process issued against him was unsustainable.</description>
    <language>en-us</language>
    <pubDate>Wed, 18 Oct 2000 00:00:00 +0530</pubDate>
    <lastBuildDate>Wed, 07 Mar 2012 12:20:31 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=142744" rel="self" type="application/rss+xml"/>
    <item>
      <title>2000 (10) TMI 904 - HIGH COURT OF BOMBAY</title>
      <link>https://www.taxtmi.com/caselaws?id=105706</link>
      <description>A former additional director could not be prosecuted under the Negotiable Instruments Act and the Indian Penal Code for dishonour of cheques issued after he had ceased to be associated with the company. His resignation was recorded in Form No. 32 and was not specifically denied; in any event, an additional director under section 260 of the Companies Act, 1956 holds office only until the next annual general meeting, so his tenure had ended before the relevant lease transaction and cheque dishonour. On those facts, he had no connection with the company when the alleged offences arose, and the criminal process issued against him was unsustainable.</description>
      <category>Case-Laws</category>
      <law>Companies Law</law>
      <pubDate>Wed, 18 Oct 2000 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=105706</guid>
    </item>
  </channel>
</rss>