Legal Question in Criminal Law in India

Sir i am director of one Pvt. ltd Company our other director issue a cheque without any balance in banka cheque was dishonoured by bank party was give me notice under 138, 141 so pls guide me what i can do


Asked on 9/14/10, 4:45 am

2 Answers from Attorneys

BHUPESH NARULA NARULA&ASSOCIATES;

make the payment within 15 days to avoid any criminal case through company

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Answered on 9/14/10, 8:41 am
Vishwa Arya Arya & Co.

Your only defence is if you are not responsible for the day to day affairs of the company. The supreme court recently held that a director can be held responsible merely because he is a director. he must be incharge of and responsible for the day to day affairs of the company

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Answered on 9/14/10, 9:52 am


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