Managing Directors Liable for Cheque Dishonor if Issued Personally, Affecting Acquittal Orders in Such Cases.

Managing Directors Liable for Cheque Dishonor if Issued Personally, Affecting Acquittal Orders in Such Cases. https://www.taxtmi.com/highlights?id=72250 Dishonour of Cheque - interference with the order of acquittal of the accused - If the Managing Director or Joint Director of the company takes personal responsibility to discharge the debt or liability which the company owed and issued cheque in his/their capacity, the said person is solely liable as drawer of the cheque - HC en-us Thu, 28 Sep 2023 08:47:10 +0530 Thu, 28 Sep 2023 08:47:10 +0530 TaxTMI RSS Generator Managing Directors Liable for Cheque Dishonor if Issued Personally, Affecting Acquittal Orders in Such Cases. https://www.taxtmi.com/highlights?id=72250 Dishonour of Cheque - interference with the order of acquittal of the accused - If the Managing Director or Joint Director of the company takes personal responsibility to discharge the debt or liability which the company owed and issued cheque in his/their capacity, the said person is solely liable as drawer of the cheque - HC Highlights Indian Laws Thu, 28 Sep 2023 08:47:10 +0530 https://www.taxtmi.com/highlights?id=72250