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Company to be impleaded if cheque bounces

In a recent judgment in CHARANJIT PAL JINDAL vs L.N. METALICS, it was held by the Hon'ble Supreme Court that when a company is accused/implicated in dishonour of cheques under Section 138/141 of the NI Act, the company must be impleaded first and only then can the directors or authorised persons of the company be impleaded.

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