The Delhi High Court held that a director who is an admitted signatory to a dishonoured cheque cannot seek quashing of NI Act proceedings by merely claiming resignation, especially when the timing and genuineness of resignation are disputed facts.
The Delhi High Court held that a director who is an admitted signatory to a dishonoured cheque cannot seek quashing of NI Act proceedings by merely claiming resignation, especially when the timing and genuineness of resignation are disputed facts.