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Is a Trust treated the same as a Company in Cheque Bounce cases? Can a Trustee or Chairman be prosecuted if the Trust itself is not made an accused? 👉 This video explains a significant 2025 judgment by the Hon’ble Supreme Court of India that clarifies the liability of Trustees and Chairmen under the Negotiable Instruments Act. Unlike companies where the principal offender must be arraigned, the Court has ruled on whether a Trust is a necessary party. ▶️ In this video, we cover: ● The Core Legal Question: Is a Trust considered a "Company" or "Association of Individuals" under Section 141 of the NI Act? ● The Defence: Can an accused Trustee escape liability by arguing that the Trust was not made a party to the complaint? ● Supreme Court's Verdict: Why the Court rejected the argument that the Trust is a principal offender in the same way as a company. ● Direct Liability: How a signatory Trustee or Chairman incurs direct liability under the NI Act. ● Key Takeaway: Why the defense of "non-joinder of the Trust" is no longer valid for signatories. 👨⚖️ Case Citation: ● Title of the Judgment: Sankar Padam Thapa v. Vijaykumar Dineshchandra Agarwal ● Citation Number: 2025 INSC 1210 ; CRIMINAL APPEAL NO. OF 2025 [@ SPECIAL LEAVE TO APPEAL (CRIMINAL) NO.4459/2023] 👨⚖️ Judgment Details: ● Bench: Hon’ble Mr. Justice Ahsanuddin Amanullah and Hon’ble Mr. Justice Prashant Kumar Mishra Date of Judgment: October 09, 2025 📌 Additional Resources: 📜 Read Our Website Article: https://nyaytantra.com/ni-complaint-a... 📜 Negotiable Instruments Act, 1881: https://nyaytantra.com/negotiable-ins... 🔗 Cheque Bounce Matters | NI Act | 138 Case Playlist: • Cheque Bounce Case | 138 NI Case | Step by... 🔗 Supreme Court & High Court Judgement Playlist: • Filing an Appeal vs. Revision Petition at ... 📧 Email: info@nyaytantra.com 🌐 Website: https://nyaytantra.com 📞 +91-9910092805 Don't forget to LIKE this video, SUBSCRIBE for more insightful legal content, and hit the notification bell! 🔔 Disclaimer: This video is for informational purposes only and does not constitute legal advice. ____________________________________________________ 📆 If you have any Specific Query, Book an Appointment: https://calendar.app.google/rqViFGHge... 🔗 Connect with me on LinkedIn: / ankush-mahajan-advocate 🔗 Follow me on Twitter: https://x.com/mahajanankush