https://www.taxtmi.com/caselaws?id=798071 IBC moratorium under Section 14 restricts proceedings against the corporate debtor but does not shield directors or authorised signatories from statutory cheque-dishonour liability under the Negotiable Instruments Act. Suspension of board powers during insolvency does not retrospectively extinguish personal penal liability for pre-moratorium acts. Where complaints specifically plead the signatory's role and cheque issuance, defences concerning knowledge, due diligence or inability to operate accounts require trial and cannot be conclusively determined in proceedings under the Bharatiya Nagarik Suraksha Sanhita. Criminal complaints may therefore proceed, while liability and statutory defences remain subject to evidence. en-us Fri, 31 Jul 2026 00:00:00 +0530 Wed, 02 Sep 2026 08:30:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798071 IBC moratorium under Section 14 restricts proceedings against the corporate debtor but does not shield directors or authorised signatories from statutory cheque-dishonour liability under the Negotiable Instruments Act. Suspension of board powers during insolvency does not retrospectively extinguish personal penal liability for pre-moratorium acts. Where complaints specifically plead the signatory's role and cheque issuance, defences concerning knowledge, due diligence or inability to operate accounts require trial and cannot be conclusively determined in proceedings under the Bharatiya Nagarik Suraksha Sanhita. Criminal complaints may therefore proceed, while liability and statutory defences remain subject to evidence. Case-Laws IBC Fri, 31 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798071