Cheque Bouncing case,Want to know if the cheque bounce and its remedie
19-Apr-2023 (In Cheque Bounce Law)
I was a director in one company and resigned before 3 years.I filled dir11 and dir 12 was not filled by the company.After 3 years resignation i came to know before 3 years some cheques issued by other director and presented after 3 years of my resignation and got bounced.what is my personal liability
okay I understand your question so now your signature cheqe is bounced right but they filed cheque bounce case againest you or not once they filed againest you you will get any court summmon you will take your side advocate and filed discharge application snd you will be a innocent like that and what is your Liablity this company at the time of issued cheque althose things is important if you need any legal help contact me thank you
you have no personal liability as it is the cheque given by the company and you are not a signatory to the cheque also. further you wont be involved in the transaction in which the cheque is given as well. supreme court has time and again held that directors who are not signatory to cheques or not involved in the transaction cannot be made parties in a cheque bounce case
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