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Complaint under NI Act against director isn't maintainable when company is not arraigned as an accused: SC

March 20, 2019[2019] 104 301 (SC)

FEMA, BANKING & INSURANCE : Where appellant issued cheque not in his personal capacity but as a director of 'L' Ltd., in terms of section 141, in absence of said company being arraigned as an accused, complaint against appellant was not maintainable under section 138

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