directors resigned before the cheque bonced . Who will liable for thi
30-May-2023 (In Cheque Bounce Law)
2 directors of company issued a cheque with thier signed and resigned. Presently Cheque bonced. Who will be liable under 138/141 n i act ? Present new directors /company ?
factors of company issued a cheque with their sign and assign presently check who is liable under section 138 and 141 at present new directors of company for that we need to discuss your case that what is the amount
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Dear client,
The person that would be liable are the one's under whose signature the cheque is issued. However a legal notice can be sent to the company. Feel free to contact me and can take my details from lawrato.
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directors of company are liable under the representative capacity but , company itself is also necessary party. In this view it is advisable to file a complaint under negotiable instruments act misleading the signatory as well as the company.
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