Cheque Dishonor Offense u/s 138 N.I. Act Enforceable Despite Liquidator Appointment or MD's Death.

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Full Text of the Document

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....Dishonor of Cheque - offence punishable under section 138 of the N.I. Act - Since the N.I. Act is a self contained law the same will not get diluted simply for the reason of appointing liquidator and the death of the Managing Director especially in the existence of one of the Director who is the 3rd respondent herein.....