AdVocate harshit Sachar | chamber no: 617 | district courts ludhiana | 2817 gurdev nagar ludhiana | ✆+91 7889228369

One Company Issued a Cheque for Another Company's Debt — Who Is Liable If the Cheque Bounces?

When one company issues a cheque towards another company's liability, the drawer company, common directors and the original debtor may have different legal positions under Sections 138 and 141 of the Negotiable Instruments Act.

CHEQUE BOUNCECOMMERCIAL CASE LAW

Advocate Harshit Sachar

10/3/20261 min read

One Company Issued a Cheque for Another Company's Debt — Who Is Liable If the Cheque Bounces
One Company Issued a Cheque for Another Company's Debt — Who Is Liable If the Cheque Bounces
Read More Blogs