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Jan 29, 2026 • 06:52 PM

Cheque Dishonour | Vicarious Liability of Company Directors Under Section 138 NI Act : Bombay High Court

Bombay High Court clarifies that directors cannot be automatically prosecuted under Section 138 NI Act without proof of active involvement in cheque dishonour offences.

Cheque Issued as Security Does Not Attract Section 138 NI Act | Civil Dispute Supersedes Criminal Complaint : Madras High Court

Case Law Analysis

Jan 22, 2026 • 05:59 PM

Cheque Issued as Security Does Not Attract Section 138 NI Act | Civil Dispute Supersedes Criminal Complaint : Madras High Court

Madras High Court holds that a cheque issued as security for a sale agreement, not in discharge of a debt, cannot form the basis of a Section 138 NI Act prosecution.

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#criminal liability

Cheque Dishonour | Vicarious Liability of Company Directors Under Section 138 NI Act : Bombay High Court

Cheque Issued as Security Does Not Attract Section 138 NI Act | Civil Dispute Supersedes Criminal Complaint : Madras High Court

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