Supreme Court Quashes Summoning Order Against Director in Cheque Dishonour Case Under Negotiable Instruments Act, 1881. The Court held that mere directorship and signing of board resolution do not establish liability under Section 141 NI Act, as specific averments of being in charge of and responsible for company's business conduct are required.
7 Apr 2026The dispute arose from a cheque dishonour case under Sections 138 and 142 of the Negotiable Instruments Act, 1881, where the appellant, a director of ...
