Legal Question in Business Law in India
i widrawa office expences amount by barer cheque given by proprietor since 18 months but now persom demand me that money and threatening for legal case.withdrawal cash used for office expences,salary,supplyers payment as per owner oral instruction.now he deny his instruction and demanding money.my fault is that i have not taken any appoinment letter from him.
what to do??
1 Answer from Attorneys
02.01.2016
An Owner issues a bearer cheque at his / her own responsibility and liability. If you were the Cashier of the proprietory concern, you ought to have ensured that the bearer cheque is written in your name without crossing and without cancelling the words "or bearer" on the cheque. If the proprietor lodges a complaint against you, you should defend yourself on the above grounds.
Regards,
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