Sec 138 of NI Act.

NI act complaint was filed the deceased MD of the pvt., ltd., Co., during the pendency of the case MD died and another director was authorized to conduct the case. The new complainant has not produced Form No:32 to show his appointment as director and not produced any books of accounts to show that accused had availed a loan. New complainant has produced the copy of the resolution to show that he is authorised to conduct the case. IN my opinion form no:32, books of accounts and books of resolution is necessary, otherwise complaint is not maintainable. If any ruling of the supreme court kindly post it. Thanks.