https://www.taxtmi.com/caselaws?id=304249 The court held that an ex-director cannot be held liable under Section 138 of the Negotiable Instruments Act for cheques issued after resignation. The court emphasized the importance of public documents confirming the resignation and preventing injustice in criminal cases. Relying on legal precedents and the documented resignation before the offense, the court quashed the proceedings against the ex-director, affirming the principle that ex-directors cannot be prosecuted under Section 138 of the NI Act. en-us Wed, 08 Jun 2022 00:00:00 +0530 Thu, 15 Sep 2022 07:48:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304249 The court held that an ex-director cannot be held liable under Section 138 of the Negotiable Instruments Act for cheques issued after resignation. The court emphasized the importance of public documents confirming the resignation and preventing injustice in criminal cases. Relying on legal precedents and the documented resignation before the offense, the court quashed the proceedings against the ex-director, affirming the principle that ex-directors cannot be prosecuted under Section 138 of the NI Act. Case-Laws Indian Laws Wed, 08 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304249