Cheque-bounce: Warrants against Deccan Chronicle Holdings directors

Judicial magistrate Ashok Kumar on Saturday issued non-bailable warrants against all directors of Deccan Chronicle Holdings Limited (DCHL), including vice-chairman-cum-director and authorised signatory PK Iyer, in a cheque-bounce case.

The court issued non-bailable warrants after the directors, along with Iyer, failed to appear before it on Saturday.

The warrants were issued after the court rejected their plea seeking exemption from personal appearance in the court.

The court on March 23 had also issued warrants.

Warrants were issued against the directors after four cheques issued in the favour of Religare Finvest were dishonoured.

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