High Court of Karnataka Quashes Proceedings Against Joint Account Holder in Cheque Dishonour Case — Petitioner Not a Drawer Under Section 138 of Negotiable Instruments Act, 1881. Joint Account Operable as 'Either or Survivor' Does Not Make Non-Drawer Account Holder Liable for Dishonour of Cheque Signed Only by Other Account Holder.
9 Apr 2015The petitioner, Dr. Manjula Shetty, was arrayed as accused No. 2 in C.C. No. 5254/2012 pending before the XVI Additional Chief Metropolitan Magistrate...
