‘Will Be Travesty Of Justice’: SC Says Independent Directors Not Liable In Cheque Bounce Cases ...Middle East

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‘Will Be Travesty Of Justice’: SC Says Independent Directors Not Liable In Cheque Bounce Cases
source : Ommcom News ( Middle East ) () 33
New Delhi:  The Supreme Court on Monday said a company’s Director – not in charge or responsible for the conduct of the business at the relevant time – can’t be held liable for dishonour of cheques, under the provisions of the Negotiable Instruments (NI) Act. A bench of Justices Indira Banerjee and J.K. Maheshwari said: […] The post ‘Will Be Travesty Of Justice’: SC Says Independent Directors Not Liable In Cheque Bounce Cases appeared first on Ommcom News.

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