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If insolvency proceedings against a company have been admitted, it does not absolve the Managing Director from proceedings under the Negotiable Instruments Act, the Court noted.

Kapil chaturvediAshish singhAditya koshy royRajiv ranjan dwivediMaonj kumar jhaJustice pardiwalaKartik kaushalNaveen goelManoj kumar jhaNikhil goelNational company law appellate tribunalManaging directorVed parkashSupreme courtSupreme court of india casesInsolvency and bankruptcy code