Cheque Dishonor Case: Complainant Must Prove Each Director's Responsibility in Company Conduct; Insufficient Evidence Voids Magistrate's Order.

Cheque Dishonor Case: Complainant Must Prove Each Director's Responsibility in Company Conduct; Insufficient Evidence Voids Magistrate's Order. https://www.taxtmi.com/highlights?id=41195 Dishonor of Cheque due to insufficiency of funds - it was necessary for the complainant to specifically aver and demonstrate as to how each one of accused directors were incharge and responsible for the conduct of the business of accused company. Therefore, the order of issuance of process passed by the learned Magistrate cannot be allowed to be sustained. en-us Mon, 03 Sep 2018 13:55:26 +0530 Mon, 03 Sep 2018 13:55:26 +0530 TaxTMI RSS Generator Cheque Dishonor Case: Complainant Must Prove Each Director's Responsibility in Company Conduct; Insufficient Evidence Voids Magistrate's Order. https://www.taxtmi.com/highlights?id=41195 Dishonor of Cheque due to insufficiency of funds - it was necessary for the complainant to specifically aver and demonstrate as to how each one of accused directors were incharge and responsible for the conduct of the business of accused company. Therefore, the order of issuance of process passed by the learned Magistrate cannot be allowed to be sustained. Highlights Indian Laws Mon, 03 Sep 2018 13:55:26 +0530 https://www.taxtmi.com/highlights?id=41195