Cheque bounce case - Company limited Cheque bounce case - Company limited

2 years ago

Company limited and listed in exchange has gone in bankruptcy and cheques are bounced , my brother is an employee who was aurthorised signatory

Anik

Responded 2 years ago

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A.Dear Client,
the cheque bounce cases can neither be instituted nor be continued against companies that are facing insolvency proceedings and are protected under a provision of the Insolvency and Bankruptcy Code (IBC) putting a moratorium on legal proceedings against them.

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Anonymous

Replied 2 years ago

Sir than what will happen to my brother

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Anonymous

Replied 2 years ago

Who is aurthorised Signatory

Post Your Matter Post Your Matter

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