Cheque bounce case Cheque bounce case

3 years ago

I am an employee in a limited company working in marketing department . I was made aurthorised signatory and me and ceo signed cheque which got bounced
Matter in court . I am an employee only not director , not shareholder , will I be tried in 138/141

Ayantika Mondal @ Prime Legal

Responded 3 years ago

A.Hi,
While you are a party to the suit, you can claim you were unaware of the company's bank statement at the time of signing the cheques. The lability is ultimately borne by the company itself.
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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 3 years ago

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A.Hi,
You are a party to the suit, but the ultimate liability will be borne by the company itself.
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