Company Director Cleared of Liability for Bounced Checks Issued Prior to His Appointment.

Company Director Cleared of Liability for Bounced Checks Issued Prior to His Appointment. https://www.taxtmi.com/highlights?id=84320 Petitioner, an additional director, not liable for dishonour of cheques issued by company. Petitioner neither signatory nor managing director at time of offence. No prima facie offence u/s 141 NI Act. Complaint quashed by HC exercising powers u/s 482 CrPC. en-us Fri, 27 Dec 2024 09:00:37 +0530 Fri, 27 Dec 2024 09:00:37 +0530 TaxTMI RSS Generator Company Director Cleared of Liability for Bounced Checks Issued Prior to His Appointment. https://www.taxtmi.com/highlights?id=84320 Petitioner, an additional director, not liable for dishonour of cheques issued by company. Petitioner neither signatory nor managing director at time of offence. No prima facie offence u/s 141 NI Act. Complaint quashed by HC exercising powers u/s 482 CrPC. Highlights Indian Laws Fri, 27 Dec 2024 09:00:37 +0530 https://www.taxtmi.com/highlights?id=84320