Renuka Ramanath vs Yes Bank Ltd.
Dishonour of cheque: Liability of nominee director-Nominee director ceasing to be so the moment nomination withdrawn, Letters of withdrawal and information sent to company and ROC, Petitioner not a nominee director on or after date of issuance of cheque, Proceedings against petitioner quashed-A complaint was filed alleging that the first accused-company had committed an offence punishable under s.138 of the Negotiable Instruments Act 1881 a [LexDoc Id : 435424]