Cheque drawn by respondent in his personal capacity and not by company of which he is Managing Director - Company is not liable even if it is for discharging dues of company - Respondent being drawer of cheque is alone liable for offence under S. 138.
Citation
AIR 2015 SUPREME COURT 2579
SUPREME COURT
(From : Bombay)
PINAKI CHANDRA GHOSE , J. and UDAY UMESH LALIT , J.
Criminal Appeal No. 1472 of 2009, D/- 6 - 7 - 2015
Mainuddin Abdul Sattar Shaikh v. Vijay D. Salvi
(A)Negotiable Instruments Act (26 of 1881), S.138 - Dishonour of cheque - Liability - Cheque
drawn by respondent in his personal capacity and not by company of which he is Managing
Director - Company is not liable even if it is for discharging dues of company - Respondent
being drawer of cheque is alone liable for offence under S. 138. Cri. A. No. 646 of 2006, dated
9/10/2007 (Bom.), Reversed.
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