Directors Not Liable for Cheque Dishonor Without Signature u/s 138 of Negotiable Instruments Act.

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Full Text of the Document

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....Dishonor of cheque due to insufficiency of funds - Section 138 of the Negotiable Instruments Act, 1881 - The petitioners are not stated to be signatories to the cheques in question. They cannot be roped in merely because they have been directors of the company accused.....