Negotiable instrument problem

IPCC 683 views 1 replies

whether a shareholder is liable in case of dishonour of a cheque issued by a company to discharge the liablity incurred by the shareholder? ( sec 138 and 141)

 

Replies (1)

Shareholder is liable to whom he issued the cheque. but he can claim the damage from the company for dishonour of cheque.


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