Negotiable Instruments Act, 1881
Sections 138 & 141—Dishonour of cheque—Legally enforceable debt or liability—Petitions to quash order taking cognizance of offence and summoning order—Cheques in question were issued by one director from the account of company—Under what circumstances the purported signatory of cheques had issued the cheques in favour of respondent particularly when he had resigned from the company—Issue as to whether there is any liability against company and purported signatory of cheques can only be decided by evidence during the trial—Petition dismissed.
[Para 13]
Decision : Petitions dismissed