Hindu Undivided Family not considered a "company" u/s 141 of Negotiable Instruments Act; Karta can be prosecuted. https://www.taxtmi.com/highlights?id=33395 Prosecution of the 'Karta' of HUF when cheque issued by the HUF got dishonored - whether an H.U.F. will constitute an “association of individuals” according to the term “company” as explained in Section 141 of the N.I. Act - Held No - HUF cannot be treated as legal entity as AOP - KARTA can be prosecuted - HC en-us Wed, 22 Feb 2017 12:54:23 +0530 Wed, 22 Feb 2017 12:54:23 +0530 TaxTMI RSS Generator Hindu Undivided Family not considered a "company" u/s 141 of Negotiable Instruments Act; Karta can be prosecuted. https://www.taxtmi.com/highlights?id=33395 Prosecution of the 'Karta' of HUF when cheque issued by the HUF got dishonored - whether an H.U.F. will constitute an “association of individuals” according to the term “company” as explained in Section 141 of the N.I. Act - Held No - HUF cannot be treated as legal entity as AOP - KARTA can be prosecuted - HC Highlights Indian Laws Wed, 22 Feb 2017 12:54:23 +0530 https://www.taxtmi.com/highlights?id=33395