https://www.taxtmi.com/caselaws?id=767104 Section 69 of the Partnership Act, 1932 does not bar a criminal complaint under Section 138 of the Negotiable Instruments Act, 1881 merely because the partnership firm is unregistered, as the provision restricts certain civil suits, not cheque dishonour prosecutions. For Section 141 liability, the partnership firm must be arraigned as an accused before vicarious liability can be fastened on partners, and omission to prosecute the firm is fatal to proceedings against a partner alone. Where the offence is compounded or settled with one partner in respect of the firm's debt, the settlement operates for the firm as a whole and the complaint cannot continue against another partner on the same liability. en-us Fri, 28 Feb 2025 00:00:00 +0530 Tue, 11 Mar 2025 08:33:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767104 Section 69 of the Partnership Act, 1932 does not bar a criminal complaint under Section 138 of the Negotiable Instruments Act, 1881 merely because the partnership firm is unregistered, as the provision restricts certain civil suits, not cheque dishonour prosecutions. For Section 141 liability, the partnership firm must be arraigned as an accused before vicarious liability can be fastened on partners, and omission to prosecute the firm is fatal to proceedings against a partner alone. Where the offence is compounded or settled with one partner in respect of the firm's debt, the settlement operates for the firm as a whole and the complaint cannot continue against another partner on the same liability. Case-Laws Indian Laws Fri, 28 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767104