Negotiable Instruments Act, 1881–Sec. 138 & 141–Scope for prosecuting an ex-director of a company–Held, he cannot be made liable for an offense committed by a company after acceptance of his regulation–Proceedings quashed.
Negotiable Instruments Act, 1881–Sec. 138 & 141–Scope for prosecuting an ex-director of a company–Held, he cannot be made liable for an offense committed by a company after acceptance of his regulation–Proceedings quashed.