Supreme Court clarifies liability of Directors in cheque bounce cases: Ashutosh Ashok Parasrampuriya & Anr. vs. M/S. Gharrkul Industries Pvt. Ltd. & Ors. (2021) INSC 659 (08 October 2021)
Supreme Court Clarifies Director Liability in Cheque Dishonor Cases Date of the Judgment: 08 October 2021 Citation: (2021) INSC 659 Judges: Justices Ajay Rastogi and Abhay S. Oka Can a company director be held liable in a cheque bounce case if they weren’t directly involved in the day-to-day business? The Supreme Court addressed this crucial […]