AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
Home / 
Directors Not Liable for Cheque Bounce Without Evidence of Control or Signature, High Court Likely to Quash Case.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Dishonor of Cheque - vicarious liability of the Directors for having committed the offence under Section 138 of the N.I.Act - There is no allegation in the entire complaint that the present petitioners were either incharge of the Administration/Business of the company or that they are signatories to the cheque in question. - The complaint insofar as the present petitioners is liable to be quashed - HC....