Director Cannot Challenge Cheque Dishonor Notice at Initial Stage u/s 138, Petition Dismissed.

Director Cannot Challenge Cheque Dishonor Notice at Initial Stage u/s 138, Petition Dismissed. https://www.taxtmi.com/highlights?id=46399 Dishonor of Cheque - section 138 of NI Act - whether a Director of the Company can challenge issuance of notice at the threshold or it would be available to him/her at the time of his/her defence? - in what capacity the Director could be held responsible is completely vague. - petition dismissed. en-us Thu, 09 May 2019 06:25:27 +0530 Thu, 09 May 2019 06:25:27 +0530 TaxTMI RSS Generator Director Cannot Challenge Cheque Dishonor Notice at Initial Stage u/s 138, Petition Dismissed. https://www.taxtmi.com/highlights?id=46399 Dishonor of Cheque - section 138 of NI Act - whether a Director of the Company can challenge issuance of notice at the threshold or it would be available to him/her at the time of his/her defence? - in what capacity the Director could be held responsible is completely vague. - petition dismissed. Highlights Indian Laws Thu, 09 May 2019 06:25:27 +0530 https://www.taxtmi.com/highlights?id=46399