Negotiable Instruments Act, 1881–Sec. 138–Dishonour of cheque–Prosecution of Director of Company–Cheque was issued in the year 2004–Appellant had resigned from the post of Director in the year 1998–Whether she could be held, liable for the offence?–Held, the complainant did not specify the role of the appellant in the day to day affairs of Company–High Court was not justified in declining to quash the proceedings.
Amita Malhotra (Mrs.) vs. Apparel Export Promotion Council & Anr. (SC)
₹26.00 ₹2.60