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S.138 NI Act | Company's Liability To Repay Cheque Amount Not Affected By Changes In Officeholders: Karnataka High Court

The Karnataka High Court has held in a cheque dishonour case that the legal obligation to repay the amount associated with the cheques is not altered by changes in officeholders, and the burden of. ....

State Of Jharkhand , Sripati Singh , Justicem Nagaprasanna , Siddappab Nyamagouda , Livelaw Kar , Rajiv Others And State Bank , Respondent Bank , Karnataka High Court , Or Directors Of The Company , Supreme Court , Jamkhandi Sugars , Union Bank , Negotiable Instruments Act , State Bank , Jamkhandi Sugars Limited , Cheque Security Loan Case ,