https://www.taxtmi.com/caselaws?id=388904 The court dismissed the petitions seeking to quash 103 complaints under Section 138 of the Negotiable Instruments Act. Despite the petitioner's resignation as Director before the cheque issuances, discrepancies in resignation documentation and lack of evidence refuting active involvement led the court to uphold the trial court's decision. The court emphasized that resignation alone does not absolve liability if the individual was involved in the transactions. Precedents regarding non-executive directors or resigned directors were deemed inapplicable due to the petitioner's active role and timing of resignation. en-us Thu, 21 Nov 2019 00:00:00 +0530 Wed, 27 Nov 2019 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388904 The court dismissed the petitions seeking to quash 103 complaints under Section 138 of the Negotiable Instruments Act. Despite the petitioner's resignation as Director before the cheque issuances, discrepancies in resignation documentation and lack of evidence refuting active involvement led the court to uphold the trial court's decision. The court emphasized that resignation alone does not absolve liability if the individual was involved in the transactions. Precedents regarding non-executive directors or resigned directors were deemed inapplicable due to the petitioner's active role and timing of resignation. Case-Laws Indian Laws Thu, 21 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388904