Cheque Dishonour Case Against Director Quashed; Mere Designation as Director Not Sufficient Under the Negotiable Instruments Act: Calcutta High Court
The Calcutta High Court has ruled that a person cannot be prosecuted in a cheque dishonour case only because he holds the post of Director in a company. The Court observed that specific allegations about the person’s role and responsibility in the company’s business are necessary before applying Section 141 of the Negotiable Instruments Act, 1881. The judgment was delivered in the criminal revisional application filed by Sanjeeva Shukla @…