S.138 NI Act | Cheque Dishonour Complaint Maintainable Against Trustee Without Naming Trust as Accused: Supreme Court
The case stemmed from a cheque bounce complaint filed under the Section 138 of the Negotiable Instruments Act, 1881. The cheque in question was issued by a Trust named Orion Charitable Trust, and it was signed by one of its Trustees who also served as the Chairman and Authorized Signatory. When the cheque was dishonored, criminal proceedings were initiated under the Negotiable Instruments Act, but only against the Trustee, and…