https://www.taxtmi.com/caselaws?id=469832 Once a company is struck off under the Companies Act, 2013 and dissolved, it loses juristic personality; its certificate of incorporation is deemed cancelled, subject only to limited statutory purposes. On that basis, cheque transactions, legal notices and complaints pursued after dissolution could not sustain proceedings under Section 138 of the Negotiable Instruments Act, 1881, and ex-directors or authorised signatories could not continue operating the company's bank accounts unless the company was restored under Section 252. The Delhi HC therefore treated post-dissolution prosecution based on those acts as unsustainable and quashed the complaints, setting aside the order refusing dismissal. en-us Wed, 08 Oct 2025 00:00:00 +0530 Mon, 06 Jul 2026 20:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=469832 Once a company is struck off under the Companies Act, 2013 and dissolved, it loses juristic personality; its certificate of incorporation is deemed cancelled, subject only to limited statutory purposes. On that basis, cheque transactions, legal notices and complaints pursued after dissolution could not sustain proceedings under Section 138 of the Negotiable Instruments Act, 1881, and ex-directors or authorised signatories could not continue operating the company's bank accounts unless the company was restored under Section 252. The Delhi HC therefore treated post-dissolution prosecution based on those acts as unsustainable and quashed the complaints, setting aside the order refusing dismissal. Case-Laws Indian Laws Wed, 08 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=469832