Juristic Person Trust Liable for punishment for offence U/s. 138 of NI Act

Prana Educational and Charitable Trust Vs State of Kerala (Kerala High Court)

Kerala High Court held that a trust, either private or public/charitable or otherwise, is a juristic person who is liable for punishment for the offence punishable under Section 138 of the Negotiable Instruments Act (NI Act).

Facts- This revision petition has been filed u/s. 397 and 401 of Code of Criminal Procedure. The revision petitioners are the accused on the files of the Court of Special Ju

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