https://www.taxtmi.com/caselaws?id=379841 The Court dismissed the petition challenging the order setting aside the notice under Section 138 of the Negotiable Instruments Act, 1881 issued to a Director of a Company regarding a bounced cheque. The Court emphasized the necessity of specific averments against the Director to establish liability under Section 141 of the Act, highlighting the lack of essential details in the complaint regarding the Director's involvement in the Company's business. The judgment underscores the importance of clear and detailed allegations to hold Directors accountable for Company offenses related to bounced cheques. en-us Fri, 01 Feb 2019 00:00:00 +0530 Fri, 20 Feb 2026 17:19:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379841 The Court dismissed the petition challenging the order setting aside the notice under Section 138 of the Negotiable Instruments Act, 1881 issued to a Director of a Company regarding a bounced cheque. The Court emphasized the necessity of specific averments against the Director to establish liability under Section 141 of the Act, highlighting the lack of essential details in the complaint regarding the Director's involvement in the Company's business. The judgment underscores the importance of clear and detailed allegations to hold Directors accountable for Company offenses related to bounced cheques. Case-Laws Indian Laws Fri, 01 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379841