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Director Not Liable for Cheque Dishonor Offense if Not Responsible for Business Conduct at Relevant Time, per Section 141.

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Full Text of the Document

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....Dishonor of Cheque - insufficiency of funds - A director, who was not in charge of and was not responsible for the conduct of the business of the Company at the relevant time, will not be liable for an offence under Section 141 of the Negotiable Instruments Act.....