<?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>2021 (11) TMI 986 - MADRAS HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=415205</link>
    <description>The High Court quashed the case against the petitioner (A2) in a complaint under Section 138 of the Negotiable Instruments Act. The court emphasized that in cases of joint accounts, all holders must sign the cheque for prosecution under Section 138. As the wife (A2) did not sign the cheque, she could not be prosecuted, and the court directed the trial against the husband (A1) to proceed. This decision clarified the liability of joint account holders in cheque dishonor cases, ensuring that only the drawer of the cheque can be held liable under Section 138.</description>
    <language>en-us</language>
    <pubDate>Tue, 16 Nov 2021 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 30 Nov 2021 08:30:57 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=662376" rel="self" type="application/rss+xml"/>
    <item>
      <title>2021 (11) TMI 986 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=415205</link>
      <description>The High Court quashed the case against the petitioner (A2) in a complaint under Section 138 of the Negotiable Instruments Act. The court emphasized that in cases of joint accounts, all holders must sign the cheque for prosecution under Section 138. As the wife (A2) did not sign the cheque, she could not be prosecuted, and the court directed the trial against the husband (A1) to proceed. This decision clarified the liability of joint account holders in cheque dishonor cases, ensuring that only the drawer of the cheque can be held liable under Section 138.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Tue, 16 Nov 2021 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=415205</guid>
    </item>
  </channel>
</rss>