Company, Not Director, Liable for Dishonored Cheque Issued on Company's Behalf; Appellant's Claim Rejected.

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....Dishonor of Cheque - Personal liability of the Director / Signatory of the Company - The appellant is not entitled to contend that the offence has been committed by the Managing Director. Admittedly, the cheque is not drawn on a personal account maintained by the respondent. The cheque specifically states that it has been issued for and on behalf of the company. As such the company alone can be treated as the drawer of the ch - HC....