Section 141 NI Act - CaseCiter

CaseCiter

Sign in

Section 141 NI Act

A collection of 8 posts

Bharat Mittal v. State of Rajasthan ; 2025 INSC 1459 - S.148 NI Act - Company Director - Referred to Larger Bench

Negotiable Instruments Act

Bharat Mittal v. State of Rajasthan ; 2025 INSC 1459 - S.148 NI Act - Company Director - Referred to Larger Bench

Read Judgment In LawLens Note You can read our notes on this judgment in our Supreme Court Daily Digests. If you are our subscriber, you should get it in our Whatsapp CaseCiter Community at about 9pm on every working day. If you are not our subscriber yet, you can register

HDFC Bank Limited vs State Of Maharashtra 2025 INSC 759- S.141 NI Act

❓What should complainant plead in Cheque Bounce complaint to attract Section 141 NI Act? Negotiable Instruments Act, 1881 - Section 138, 141 - The repetition of the exact words of the Section in the same order, like a mantra or a magic incantation is not the mandate of the law.

K. S. Mehta vs Morgan Securities And Credits Pvt. Ltd. 2025 INSC 315 - Ss. 138,141 NI Act - Non-Executive Directors

Negotiable Instruments Act 1882 - Section 138,141 - Non-executive and independent director(s) cannot be held liable under Section 138 read with Section 141 of the NI Act unless specific allegations demonstrate their direct involvement in affairs of the company at the relevant time - Mere designation as a

Kamalkishor Shrigopal Taparia vs India Ener-Gen Private Limited 2025 INSC 223 - Ss. 138,141 NI Act - Non-Executive Director Not Liable

Negotiable Instruments Act, 1881 - Section 138,141- Mere designation as a director does not conclusively establish liability under Section 138 read with section 141 of the NI Act. Liability is contingent upon specific allegations demonstrating the director’s active involvement in the company’s affairs at the relevant time

Hitesh Verma vs Health Care At Home India Pvt. Ltd - Ss 138, 141 NI Act - Twin Requirements

Negotiable Instruments Act 1881 - Section 138, 141 - Only the signatory to the cheque is liable under Section 138, unless the case is brought within the four corners of Section 141 of the 1881 Act, no other person can be held liable -Twin requirements under sub-Section (1) of Section

Negotiable Instruments Act

Adhiraj Singh vs Yograj Singh - S 141 NI Act

Negotiable Instruments Act 1882 - Section 138, 141 - When the cheques were issued by the Company, the accused had already resigned and was not a director in the Company and was not connected with the company, he cannot be held responsible for the affairs of the Company - Distinguished

Negotiable Instruments Act

Bijoy Kumar Moni Vs Paresh Manna 2024 INSC 1024 -Ss 138,141 Negotiable Instruments Act

Negotiable Instruments Act - Section 138 -It is only the drawer of the cheque who can be held liable for an offence under Section 138 of the NI Act - An authorised signatory acting on behalf of the principal cannot be said to be the “drawer” of the cheque “on

Negotiable Instruments Act

Ravi Dhingra vs State of NCT of Delhi 2024 INSC 1013 - S 138,141 NI Act - Cheque Bounce Complaint

Negotiable Instruments Act - Section 138,141 - To maintain a complaint and to frame a charge under Section 138 of the NI Act, there must be a specific averment against the person concerned that he was in-charge of, and responsible for the company concerned in the matter of conduct