https://www.taxtmi.com/caselaws?id=296140 A public charitable trust can be treated as a juristic person and as a "company" for the purposes of Sections 138 and 141 of the Negotiable Instruments Act, 1881, because the term "person" is of inclusive import and Chapter XVII must be read purposively to preserve cheque credibility. On that reasoning, the omission of "trust" from Section 141 was treated as casus omissus, and both a trust with a single trustee and one with multiple trustees were held to fall within its scope. Trustees shown by prima facie averments to be in charge of the trust's day-to-day affairs can therefore be proceeded against for cheque dishonour. en-us Tue, 07 Aug 2012 00:00:00 +0530 Fri, 17 May 2024 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296140 A public charitable trust can be treated as a juristic person and as a "company" for the purposes of Sections 138 and 141 of the Negotiable Instruments Act, 1881, because the term "person" is of inclusive import and Chapter XVII must be read purposively to preserve cheque credibility. On that reasoning, the omission of "trust" from Section 141 was treated as casus omissus, and both a trust with a single trustee and one with multiple trustees were held to fall within its scope. Trustees shown by prima facie averments to be in charge of the trust's day-to-day affairs can therefore be proceeded against for cheque dishonour. Case-Laws Indian Laws Tue, 07 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296140