No joint liability under Section 138 Negotiable Instruments Act unless the account on which cheque was drawn is jointly maintained: Supreme Court

Court noted that a "person might have been jointly liable to pay the debt, but if such a person who might have been liable to pay the debt jointly, cannot be prosecuted unless the bank account is jointly maintained."
Justice DY Chandrachud, Justice MR Shah
Justice DY Chandrachud, Justice MR Shah

The Supreme Court on Monday ruled that even if a person owes payment to another jointly with someone else, he/she cannot be held liable under Section 138 of the Negotiable Instruments Act unless the account on which the cheque was drawn is jointly maintained and that person was a signatory to the cheque.

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