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february 2011

Supreme Court of India · 2011-02-08

Harshendra Kumar D vs Rebatilata Koley Etc

Citation / case number
AIR 2011 SUPREME COURT 1090
Court
Supreme Court of India
Petitioner
Harshendra Kumar D
Respondent
Rebatilata Koley Etc
Author
R.M. Lodha
Bench
R.M. Lodha, Aftab Alam

Judgment text excerpt

The Supreme Court upheld the dismissal of 18 criminal revision applications challenging proceedings under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881. The Court established that a director can be held liable for dishonored cheques issued by a company if they were in charge of the company's affairs at the time of issuance. The appellant's resignation prior to the issuance of the cheques did not absolve him of liability, as the complaints were validly filed against him as a director responsible for the company's operations.

Harshendra Kumar D vs Rebatilata Koley Etc · Niyam