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Petitioner cannot be prosecuted u/s 138 of the Negotiable Instruments Act without company as co-accused.

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Full Text of the Document

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....Dishonor of Cheque - Framing of Charges - Vicarious Liability against the company or not - A demand notice was served only on the petitioner/accused, there was no demand notice against company, therefore, without arraying the company as an accused in complaint case, the petitioner can not be prosecuted for the offence of Section 138 N.I. Act.....

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