<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Directors remain liable for cheque dishonor u/s 138 even if the company dissolves during proceedings.</title>
    <link>https://www.taxtmi.com/highlights?id=51498</link>
    <description>Dishonor of Cheque - Where the proceedings under Section 138 of the Act had already commenced and during the pendency, the company gets dissolved, the directors and the other accused cannot escape by citing its dissolution. - Where the company continues to remain even at the end of the resolution process, the only consequence is that the erstwhile directors can no longer represent it.</description>
    <language>en-us</language>
    <pubDate>Thu, 30 Jan 2020 10:15:47 +0530</pubDate>
    <lastBuildDate>Thu, 30 Jan 2020 10:15:47 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=601843" rel="self" type="application/rss+xml"/>
    <item>
      <title>Directors remain liable for cheque dishonor u/s 138 even if the company dissolves during proceedings.</title>
      <link>https://www.taxtmi.com/highlights?id=51498</link>
      <description>Dishonor of Cheque - Where the proceedings under Section 138 of the Act had already commenced and during the pendency, the company gets dissolved, the directors and the other accused cannot escape by citing its dissolution. - Where the company continues to remain even at the end of the resolution process, the only consequence is that the erstwhile directors can no longer represent it.</description>
      <category>Highlights</category>
      <law>Indian Laws</law>
      <pubDate>Thu, 30 Jan 2020 10:15:47 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=51498</guid>
    </item>
  </channel>
</rss>