https://www.taxtmi.com/caselaws?id=408652 The court upheld the registration of a criminal complaint under Section 138 of the Negotiable Instruments Act against the Managing Director and Director of a company, despite their defense that the amount in question had been paid. The court emphasized that specific averments were sufficient to establish liability under Section 141 of the Act, allowing the case to proceed to trial. The court dismissed the petitions and directed expedited proceedings, affirming that defenses could be raised during trial. en-us Fri, 05 Feb 2021 00:00:00 +0530 Thu, 17 Jun 2021 11:09:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408652 The court upheld the registration of a criminal complaint under Section 138 of the Negotiable Instruments Act against the Managing Director and Director of a company, despite their defense that the amount in question had been paid. The court emphasized that specific averments were sufficient to establish liability under Section 141 of the Act, allowing the case to proceed to trial. The court dismissed the petitions and directed expedited proceedings, affirming that defenses could be raised during trial. Case-Laws Indian Laws Fri, 05 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408652