PLOT: The respondent and the Petitioner Company entered into certain transaction, in furtherance of which, the authorized signatory of the Company issued certain cheques in favour of the respondent complainant. The cheques, when presented for its realization, were returned for want of sufficient funds, which leads the complainant to take recourse to legal proceedings against … Continue reading Whether director is liable for offence under section 138, even if not signatory to cheque?