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” ...

Only the person who has signed a cheque or is authorised to sign a cheque can be prosecuted, if it is dishonoured. That’s what the Bombay High Court said on Friday while quashing the prosecution ...

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 ...

Online banking is the most opted mode of transaction nowadays. But some people still transfer money in the traditional way by using cheques. We are sure that every one of you reading this has once in ...

In the world of digitization, people either do bank transaction online or through bank cheques. And in cheque transaction many times we hear that a cheque becomes a bounced cheque or dishonoured.

A cheque without the drawer’s signature has no value, legal expert explains Also In This Package ‘100 Million Meals’ reaches three African countries Look: Sharjah's first female Emirati car mechanic ...

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 ...