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Bombay High Court: Directors Remain Personally Liable for Cheque Bounce Cases Despite IBC Debt Settlement
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Bombay High Court: Directors Remain Personally Liable for Cheque Bounce Cases Despite IBC Debt Settlement

Bombay High Court rules that directors remain personally liable under Section 138 of the NI Act even after company debt resolution under the IBC. Judgment reinforces accountabilit…

Bombay High Court NI Act IBC 2016 Section 138 cheque bounce corporate insolvency directors liability legal news Indian judiciary financial law insolvency resolution debt settlement
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