SC: Arrest & Remand Illegal if Grounds Not Given in Language Arrestee Understands  ||  SC: Judgment for Deceased Party is Null if Legal Heir was not Brought on Record Before Hearing  ||  SC: Hiding a Candidate’s Conviction Voids Election, Regardless of Whether it Influenced Results  ||  Delhi HC: Not Here to Monitor Delhi University, but Students Must Follow Law During Elections  ||  J&K&L HC: Paying Tax or GST Registration Doesn’t Legalize Unlicensed Business Activities  ||  Delhi HC: Victim’s Past or Character Cannot be Used to Suggest Consent in Assault Cases  ||  P&H HC: Constitution isn’t Privilege Charter; Reservation in Promotions Requires Statutory Amendment  ||  Kerala HC: Law Must be Amended to Hold Landowners Liable for Illegal Paddy Land Reclamation  ||  Bombay HC: Parents Saying Daughter was Unhappy, Wept Often not Enough to Convict under 498A IPC  ||  Kerala HC: Physiotherapists and Occupational Therapists Cannot Use “Dr.” Without Medical Degree    

SC: Cannot Direct Company’s Authorized Signatory to Pay Interim Compensation - (26 Jul 2024)

BANKING

SC has stated that authorized signatories can bind company through their actions but they do not merge their legal status with that of the company. This distinction supports interpretation that drawer under Section 143A of NI Act refers specifically to issuer of cheque, not authorized signatories.

Tags : SUPREME COURT   AUTHORIZED SIGNATORIES   S. 143A OF NI ACT  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved