Complaint against Chairman/Director of Company isn’t maintainable in Absence of Company being arraigned as an Accused: Madhya Pradesh HC [Read Order]

The High Court of Madhya Pradesh held that in the absence of the company being arraigned as an accused, a complaint against the Chairman or Director of the company was therefore not maintainable under Section 138 of the Negotiable Instruments Act. The respondent, Sai Traders is a trading firm and filed a complaint through its […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2Cu8dcC