CHEQUE BOUNCING 138 NI ACT
20 Jul 2013, 13:46
SIR
I AM WORKING IN LIMITED COMPANY. BASING ON MY LONG AND SINCERE ASSOCIATION THE COMPANY BOARD GAVE ME EMPOWERMENT TO SIGN CHEQUES AND LOAN DOCUMENTS. MD AND OTHER DIRECTORS BEING OVERBURDENED THE RESPONSIBILITY IS LAID ON ME.HOW EVER THE OVER ALL POLICY CONTROL AND DAY TO OPERATIONS ARE WITH MD.THE PROMOTE DIRECTORS ARE THE THE PERSONAL GUARANTORS FOR ALL BORROWINGS IN BANKS AND FINANCIAL INSTITUTIONS.
NOW DUE THE COMPANY IS UNDERGOING A DIFFICULT POSITION . BECAUSE OF THIS SEVERAL CHEQUES ARE BOUNCING BACK.AND I AM ALSO NAMED AS ACCUSED UNDER SEC 138 NI ACT.
PL SUGGEST ME HOW TO SAFE GUARD MY SELF FROM THESE CASESS.
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