Directors Face Vicarious Liability for Cheque Dishonor u/s 138 of Negotiable Instruments Act in 2015 Complaint.

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....Dishonor of Cheque - The complaint under Section 138 of the NI Act was filed in 2015 against the company and the petitioners herein, who have been arraigned as original accused Nos.2 & 3, for being the Directors of the company - The petitioners, being the Directors of the company, could be dealt with vicariously under the NI Act. - HC....