Cheque Dishonor Case: Forgery Found, Petitioner Not Liable u/s 138 of NI Act for Company's Actions.

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....Dishonor of Cheque - section 138 of NI Act - forgery for the purpose of cheating - Since the document itself is forged, therefore, under no stretch of imagination, it can be held that the petitioner has been looking after day-to-day affairs of the company and is responsible for the offence under section 138 of the NI Act....