Delhi High Court Clarifies Director Liability Under Section 138 After Appointment of a Provisional Liquidator
Can a director be held criminally liable for cheque dishonour when he was legally prohibited from operating the company’s bank account at the relevant time? This important question came before the Delhi High Court in Raj Kumar Jain v. Raj Kumar Jainshree Balaji Enterprises1, where the Court examined the scope of liability under Sections 138 and 141 of the Negotiable […]
Read More ››
