vicky (Law officer) 09 March 2012
A is a Company supplying some products to D. D is not paying the outstianding to A. D is also taken supplies from B, which is a holding company of A. B is holding cheque issued by D in its favour. now my question is can B file cheque bounce case if it is not honoured agianst the outstanding of D to A as a holding Company ? please help with relevant case laws. Thanks
Advocate Bhartesh goyal (advocate) 09 March 2012
B can file complaint u/s 138 of N.I Act against D only in case when there is legally enforceable debt or liability arises.
Shonee Kapoor (Legal Evangelist - TRIPAKSHA) 09 March 2012
No.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
ad. creaminall (professional Advocate) 11 March 2012
i agree with Mr. Goyal.
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