N.I.Act.& Joint hindu Family
Adinath@Avinash Patil
(Querist) 24 September 2009
This query is : Resolved
Important case law In N.I.Act section 138.
Bombay High Court Aurangabad Bench
Criminal Appeal no.239/2006 decided on 22/08/2008.
Dadasaheb Rawal co-op Bank of Dondaicha Ltd.
v/s
Ramesh Jawrilal Jain And others.
Negotiable Instrument Act 1881,section 138 &141-Whether HUF is covered u/s 141-Cheque issued by Firm of HUF dishonured-Plea that HUF not covered u/s 141-Held-The term "association of individuals" with include HUF business-it shall have to be construed as ejusdem generis-Along with other expression-Joint family business must be deemed as juristic person-Thry are covered u/s 141 of Negotiable Instrument Act in view of the explanation appended there to.riven
