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Director Cannot Challenge Cheque Dishonor Notice at Initial Stage u/s 138, Petition Dismissed.

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Full Text of the Document

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....Dishonor of Cheque - section 138 of NI Act - whether a Director of the Company can challenge issuance of notice at the threshold or it would be available to him/her at the time of his/her defence? - in what capacity the Director could be held responsible is completely vague. - petition dismissed.....

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