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Section 138 NI Act – Prima Facie Indication That Complaint Is Filed By Authorized Person Of Company Sufficient For Magistrate To Take Cognisance: Supreme Court
Proper authorization can be an issue for trial and complaints cannot be quashed on this ground under Section 482 CRPC, Court added. The Supreme Court observed that, in a cheque bounce case, when the complainant/payee is a company, an authorized employee can represent the company.