Director & Company Liability in Cheque Bounce Cases | Section 141 NI Act | Dr. Jinesh Soni
📌 Description:
In this video, Dr. Jinesh Soni – Advocate & Defence Lawyer – explains Section 141 of the Negotiable Instruments Act, 1881, which deals with vicarious liability of companies and their directors in cheque dishonour cases under Section 138. The video highlights who can be held responsible, the scope of liability, and the conditions under which directors or officers may be deemed guilty.
⚖️ Key Points Covered:
✔️ Liability of the company for cheque dishonour offences
✔️ Responsibility of persons in charge of the company’s business
✔️ Liability of Directors, Managers, Secretaries, and other officers
✔️ Conditions for liability: consent, connivance, or neglect
✔️ How directors can defend themselves by proving lack of knowledge or due diligence
This video provides essential legal insights for corporate officers, company management, and law professionals to understand their rights and obligations under Section 141 of the NI Act.
📞 For Legal Consultation – Contact Dr. Jinesh Soni (Defence Lawyer):
📱 +91 9772946899
📧 [email protected]
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