Supreme Court: Non-Signatory That is Not a Veritable Party Cannot Invoke an Arbitration Clause  ||  SC: Bail Can't be Cancelled For Police Non-Appearance Once Chargesheet is Filed and Trial is Attended  ||  SC: New Arbitration Bill Fails To Provide a Statutory Appeal Against Tribunal Termination Orders  ||  SC: Employees Who Resign or Retire After Five Years of Service Are Entitled to Receive Gratuity  ||  SC: Employees Who Resign or Retire After Five Years of Service Are Entitled to Receive Gratuity  ||  Supreme Court: Higher Courts Should Avoid Unnecessary Remand of Cases to Lower Courts  ||  J&K&L HC: Under SARFAESI Act, Borrower's Right To Redeem a Secured Asset Ends With Auction Notice  ||  Calcutta HC: Income Tax Returns Can Be Used to Assess Victim's Income; ?39 Lakh Compensation Granted  ||  Delhi HC: Woman's Right to a Shared Household Does Not Allow Indefinite Occupation of In-Laws' Home  ||  Delhi HC: Director Disputes in a Company Do Not Qualify as Genuine Hardship to Delay ITR Filing    

SC: Only Person Responsible for the Conduct of Company’s Business is Liable for Dishonour of Cheque - (11 Oct 2023)

BANKING

Supreme Court has held that only that person who, at the time the offence was committed, was in charge and responsible to the company for the conduct of business, as well as the company alone shall be deemed to be guilty of the offence u/s 141 of Negotiable Instruments Act.

Tags : SUPREME COURT   DISHONOUR OF CHEQUE   COMPANY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved