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Cheque bounce case in the court what are the chances of acquittal
09-Dec-2023 (In Cheque Bounce Law)
a loan was taken by a pvt.ltd. company in jan 2009. 2 pdc dated jan 2011 was issued. one by the company and the other as a security chq by one of the director. the company went into liquidation in may,2009. the chq issued by the company was not entertained by the judge at saket court.the signatories were acquitted.however the case continues with the security chq. issued by the director. there are numerous judgments acquitting the signatories for such security chq...what will be the fate
Please also share why the directors were acquitted. What were the grounds on which the trial court acquitted them.
Apart from that, can you update me on the liquidation stage of the company. If the Company is still under the control and management of the provisional or official liquidator, we can approach the Court and seek repayment of the monies advanced by you.
Please provide the above information so that we can decide a proper strategy for you.
Regards
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Adv. Shikhar Khare
Delhi | 100+ Answers
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Adv. Rohini Kumar
Delhi | 100+ Answers
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