Del HC: Making Chairpersons Liable for Cheque Dishonour Would Unfairly Expand Vicarious Liability - 18.04.2023

Delhi High Court has quashing cheque dishonor proceedings under Section 138 of Negotiable Instruments Act, observed that holding chairpersons liable for cheques issued in day-to-day affairs of the business would unfairly and unnecessarily expand the provisions of vicarious liability.

Tags : Delhi High Court Cheque Dishonour Vicarious Liability

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