Misc, SC Judgement Dated 26/05/2026 – Upholds Prosecution of Office Bearers who signed Loan Documents despite not signing Dishonoured Cheque 

Case of Mansi Finance vs M Lalitha, SC Judgement Dated 26th May 2026. The apex court has held that while mere designation as an office bearer of a society is insufficient to attract liability under Sections 138 and 141 of the Negotiable Instruments Act, prosecution can continue against those who were actively involved in the underlying financial transaction and had signed loan-related documents, even if they were not signatories to the dishonoured cheque itself. 

(Link: SC Judgement Dated 26/05/2026)  

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