Sole Proprietor ‘Alone’ Liable Under S.138 NI Act for Cheque Dishonour Issued to Repay Debt: Delhi High Court
In a notable ruling by the High Court of Delhi, the case of CRL.M.C. 5509/2022 has set a precedent regarding the liability of individuals in cheque dishonor cases linked to sole proprietorships. Case Overview The petitioner, Sanat Kumar, challenged a summoning order dated June 6, 2018, issued in relation to a complaint case (Ct. Case No. 2098/2018). The complaint, filed by Sanjay Sharma, centers around a financial dispute involving a…