Dishonour of cheques: Is it mandatory to implead a company in order to convict directors? Supreme Court to decide

The primary question before the top court is whether the High Court failed to appreciate the trial court's finding that liability of directors cannot be fixed without bringing a company as a party to the proceeding.
Supreme Court
Supreme Court

The Supreme Court on Friday agreed to hear a plea on the issue of whether directors of a company can be held liable for dishonouring a cheque without making the company a party to the proceedings [Rarichan PJ v. KP Varghese].

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