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High Court rules that a director who signs a dishonoured cheque faces direct liability under Section 138 of the NI Act. Clear relief for non-executive directors.
Calcutta High Court rules that directors cannot be prosecuted in cheque bounce cases unless specific roles are pleaded under Sections 138 & 141 of the NI Act.
Registrar of Companies imposes penalties for delayed appointment of woman director under Section 149 of the Companies Act, reinforcing gender diversity and corporate governance co…
Supreme Court questions exemption of directors from depositing compensation under Section 148 NI Act during company liquidation. Larger Bench to settle law.