A cheque is issued by partner in individual capacity and case is filled against company and partners. What repercussions.
Arvind Rokade 10 February 2023
A cheque is issued by partner in individual capacity and case is filled against company and partners. What repercussions.
Dr J C Vashista (Advocate) 10 February 2023
Case against the company is not maintainable and shall be dismissed.
Advocate Bhartesh goyal (advocate) 10 February 2023
Since cheque was issued by partner in his individual capacity and not as a partner/Director of company so company is not liable for cosequences of it's dishonour and partner is liable for consequences of dishonour.
sahithi reddy 10 February 2023
Case against the corporation should be dropped since it cannot be maintained.
Ajinkya Mane 11 February 2023
Sudhir Kumar, Advocate (Advocate) 12 February 2023
You are not clear with facts.
whether partner issued cheque from compnay account or personal account?
whether cheque has bounced or paid?
whether case filed is criminal or ciivl?