Court Quashes Section 138 Offence: Company Declared Sick, Cheque Dishonor Beyond Directors' Control.

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....Dishonor of Cheque - Company declared as sick unit - The offence not complete, not because there was a statutory bar, but because the directors of the company were prevented by reasons beyond their control from honouring the cheques - issuing process for offence u/s 138 quashed and set aside.....