Notice to Directors II

Posted on by Rudrajyoti Nath Ray

Appellant-Director [Himanshu] cannot not be prosecuted for a Company-Issued, Director-Signed Cheque Bounce without Company [M/s. Lakshmi Cement and Industries Ltd.] being named/arraigned as an Accused.

Three-Judge Bench in Aneeta Hada, (2012) 5 SCC 661 governs area of dispute. Three-Judge Bench has since been followed by a Two-Judge Bench in Charanjit Pal Jindal vs. L.N. Metalics, (2015) 15 SCC 768.

– Hon’ble Justice Dr. D.Y. Chandrachud, Himanshu v. B. Shivamurthy, [Criminal Appeal No. 1465 of 2009].

'The Last Word' seeks to include not only wise and witty sayings but also curiosities. These words are not of obligation but of delight. I am not alone in my refusal to believe, law is tedious. For all who escaped these percipient eyes, mea culpa maxima. History, after all, has many cunning passages, contrived corridors and issues.