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    <title>2018 (9) TMI 667 - MADRAS HIGH COURT</title>
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    <description>A complaint under Section 138 of the Negotiable Instruments Act was held incompetent where the Board had authorised only the Managing Director to initiate proceedings, and he further delegated that function to the Accounts Manager without express authority; the principle against further delegation applied, so the complaint was not validly instituted. Persons who had retired from the partnership firm before the supply transactions and before issuance of the cheque could not be fastened with criminal liability as partners for that transaction. On those facts, the criminal proceedings were treated as unsustainable and quashed.</description>
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      <title>2018 (9) TMI 667 - MADRAS HIGH COURT</title>
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      <description>A complaint under Section 138 of the Negotiable Instruments Act was held incompetent where the Board had authorised only the Managing Director to initiate proceedings, and he further delegated that function to the Accounts Manager without express authority; the principle against further delegation applied, so the complaint was not validly instituted. Persons who had retired from the partnership firm before the supply transactions and before issuance of the cheque could not be fastened with criminal liability as partners for that transaction. On those facts, the criminal proceedings were treated as unsustainable and quashed.</description>
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      <pubDate>Fri, 07 Sep 2018 00:00:00 +0530</pubDate>
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