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Court Uncertain About Director's Liability in Cheque Dishonor Case Due to Ambiguity in Resignation Date.

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Full Text of the Document

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....Dishonour of Cheque - vicarious liability of Director - resignation on the date of issuance of cheques in dispute - this Court, at this stage, cannot come to a conclusion, with utmost certainty, as to when had the petitioner actually resigned from the office of Director of accused company and as to whether or not he was involved in dishonouring of the cheques in question - HC....