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 ...

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 ...

Cheque bounce consequences: How to avoid fines and legal trouble A bounced cheque can lead to serious consequences, including hefty fines, damaged credit scores, and even imprisonment. To avoid such ...

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” ...

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 ...