In simple words, a cheque is an order to a bank to pay a particular sum of money from the account of the issuer of the cheque, written on a specifically printed form. The issuer of the cheque is ...

Mumbai: The Bombay High Court has ruled that in a cheque bounce case, where the cheque issued by a company is dishonoured, the signatory of the cheque, authorised by the “company”, is not the “drawer” ...

Section- 3 of the Negotiable Instruments Act, 1881 defines a cheque as “A bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand and it includes the ...

Mumbai: In a landmark judgment, the Bombay high court on Wednesday held that in case of corporates issuing cheques that bounce, the authorised signatory is not the ‘drawer’ and not liable to pay ...

The Bombay High Court has ruled that in a cheque bounce case, where the cheque issued by a company is dishonoured, the signatory of the cheque, authorized by the "Company", is not the “drawer” and is ...

In a landmark judgment, the Bombay high court on Wednesday held that in case of corporates issuing cheques that bounce, the authorised signatory is not the ‘drawer’ and not liable to pay interim ...