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SC: Not Necessary to Specifically Plead Managing Director is in Charge of Company's Affairs - (02 Aug 2022)

BANKING

Supreme Court has held that it is not necessary to make an averment that a Managing Director or Joint Managing Directors were in charge of and responsible for the conduct of the business of a company to make them accused under Section 141 of the Negotiable Instruments Act, 1881.

Tags : SUPREME COURT   NEGOTIABLE INSTRUMENT   MANAGING DIRECTOR  

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