<?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>2017 (4) TMI 874 - GUJARAT HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=341904</link>
    <description>Criminal liability under Section 138 of the Negotiable Instruments Act rests on the drawer, and vicarious liability of partners under Section 141 applies only within the statutory framework; accordingly, prosecution of a non-signing partner was unsustainable where the partnership firm was not arraigned as an accused. Separately, a cheque must be presented within its valid currency or the period prescribed by Section 138, whichever is earlier; presentation after expiry of validity does not attract Section 138 liability. On these grounds, the complaint proceedings were quashed.</description>
    <language>en-us</language>
    <pubDate>Tue, 11 Apr 2017 00:00:00 +0530</pubDate>
    <lastBuildDate>Mon, 17 Apr 2017 14:27:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=466358" rel="self" type="application/rss+xml"/>
    <item>
      <title>2017 (4) TMI 874 - GUJARAT HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=341904</link>
      <description>Criminal liability under Section 138 of the Negotiable Instruments Act rests on the drawer, and vicarious liability of partners under Section 141 applies only within the statutory framework; accordingly, prosecution of a non-signing partner was unsustainable where the partnership firm was not arraigned as an accused. Separately, a cheque must be presented within its valid currency or the period prescribed by Section 138, whichever is earlier; presentation after expiry of validity does not attract Section 138 liability. On these grounds, the complaint proceedings were quashed.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Tue, 11 Apr 2017 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=341904</guid>
    </item>
  </channel>
</rss>