Wednesday, 1 January 2014

Prosecution of companies in liquidation for bouncing of cheques

The Companies Act, 1956 and Companies Act, 2013 tries to bar any legal proceeding against a company under winding up. An interesting situation would arise where a company facing prosecution for cheque bouncing is being wound up simultaneously. The article therefore tries to analyse this issue and the law relating to it.

Citation: (2013) 4 Comp LJ 136 (Journal)

Click here to read the full article


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