Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Company director files cheque bounce complaint individually without authorization, revision allowed under Section 138

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The HC allowed the revision application in a dishonour of cheque case under Section 138 of the Negotiable Instruments Act. The complainant, a company director, filed the complaint in his individual capacity without proper authorization or power of attorney from the company. The agreement was executed between two companies, requiring the complainant to represent the company rather than act personally. While lack of authorization constitutes a curable defect per Supreme Court precedent in M.M.T.C. Ltd. v. Medchl Chemicals, the company failed to rectify this defect at any subsequent stage. The Court held that authorized persons must file complaints on behalf of and in the name of the principal, not in their personal capacity, making the complaint legally impermissible.....