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    <title>2021 (3) TMI 381 - Supreme Court</title>
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    <description>The Supreme Court allowed the appeal, quashing the criminal complaint against the appellant under Section 138 r/w Section 141 of the Negotiable Instruments Act. The Court clarified that joint liability does not automatically implicate all parties unless the account is jointly maintained, and the accused is a signatory to the cheque. Furthermore, the Court ruled that Section 141 does not apply to individual liabilities without a corporate structure involved. The pending complaint in the Metropolitan Magistrate&#039;s Court was set aside as an abuse of process of law.</description>
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    <pubDate>Mon, 08 Mar 2021 00:00:00 +0530</pubDate>
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      <title>2021 (3) TMI 381 - Supreme Court</title>
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      <description>The Supreme Court allowed the appeal, quashing the criminal complaint against the appellant under Section 138 r/w Section 141 of the Negotiable Instruments Act. The Court clarified that joint liability does not automatically implicate all parties unless the account is jointly maintained, and the accused is a signatory to the cheque. Furthermore, the Court ruled that Section 141 does not apply to individual liabilities without a corporate structure involved. The pending complaint in the Metropolitan Magistrate&#039;s Court was set aside as an abuse of process of law.</description>
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      <pubDate>Mon, 08 Mar 2021 00:00:00 +0530</pubDate>
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