The Karnataka High Court ruled that prosecution under Section 138 of the Negotiable Instruments Act cannot continue against a former director when a cheque was issued after the company’s dissolution. The Court held that a dissolved company lacks legal existence, making such cheques legally unenforceable.
The Supreme Court refused to entertain a plea challenging rules barring retired NCLT and NCLAT members from practising before these tribunals after retirement, while hearing former NCLAT technical member Vijai Pratap Singh’s challenge against restrictions preventing former members from appearing as advocates or consultants.
NEW DELHI: A farewell reference to honor Hon’ble Ms. Justice Rekha Palli on her retirement will be held by the Full Court on March 7, 2025, at 3:00 p.m. in Courtroom No. 1. The farewell will be live-streamed, and you can view it by clicking the following link: https://webcast.gov.in/delhi/highcourt
