Rajasthan High Court Rules Former Directors Not Liable for Cheques Issued Post-Resignation
In a significant judgment, the Rajasthan High Court has ruled that former directors cannot be held liable for cheques issued by a company after their resignations have been accepted. This decision is pivotal in clarifying the extent of liability under the Negotiable Instruments Act, 1881, specifically under Sections 138 and 141, which deal with the […]