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 ...

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 ...

Any authorized check signatory should be extra cautious in signing checks on behalf of the company as he or she may incur individual criminal and civil liability for obligations that are not ...

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 ...