https://www.taxtmi.com/caselaws?id=384900 The High Court discharged the applicant from Complaint No.538 of 2003, quashing the Magistrate's order. The court found no prima facie case against the applicant under Section 138 of the Negotiable Instruments Act due to lack of evidence linking him to the dishonored cheques issued after his resignation from the company's board of directors. The applicant's resignation was documented and effective before the cheque issuance, absolving him of liability. The Magistrate was directed to proceed against other accused parties, and the applicant was discharged from the case. en-us Fri, 23 Aug 2019 00:00:00 +0530 Mon, 26 Aug 2019 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384900 The High Court discharged the applicant from Complaint No.538 of 2003, quashing the Magistrate's order. The court found no prima facie case against the applicant under Section 138 of the Negotiable Instruments Act due to lack of evidence linking him to the dishonored cheques issued after his resignation from the company's board of directors. The applicant's resignation was documented and effective before the cheque issuance, absolving him of liability. The Magistrate was directed to proceed against other accused parties, and the applicant was discharged from the case. Case-Laws Indian Laws Fri, 23 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384900