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Authorized signatories of corporations and bounced checks

The law against bouncing checks, or Batas Pambansa Blg. 22 (BP 22), was enacted to address the rampant issuance of bouncing ...

Loan default: Directors remain personally liable under NI Act even if company’s debt is settled through IBC proceedings, rules Bombay High Court

Directors of an insolvent company remain liable for bounced cheques under the Negotiable Instruments Act, even if the company ...