Judicial Corner: Hon’ble Apex Court Supreme Court held that after passing of Resolution Professional by NCLT, cheque bounce case will cease only against Corporate Debtor if taken over by new management and not against signatories/ ex-directors. (20.03.2023)

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  • Hon’ble Apex Court Supreme Court held that after passing of Resolution Professional by NCLT, cheque bounce case will cease only against Corporate Debtor if taken over by new management and not against signatories/ ex-directors.