Section 141 of the negotiable instruments act, 1881

Nov 30, -0001 | CMA Rehan

Offence by Companies : Where a construction firm issued cheques to respondent-contractor which were dishonoured, even if firm could not be prosecuted, its partners could not escape liability; such a liability is created through legal fiction envisaged under section 141 - Madan Amlokchand Mutha v. Arvind Ambalal Shah - [2019] (Bombay)