Interactive flat panels meeting automatic data processing conditions are distinguished from monitors, while later classification clarifications apply ...
Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Dishonour of Cheque - vicarious liability - Whether service of notice to the trust through its trustees suffices for the purpose of the NI Act. - The Delhi High Court dismissed petitions challenging the trial court’s order summoning the petitioners in complaint cases filed u/s 138 NI Act. The Court held that serving notice to the trust through its trustees meets the legal requirement, making individual notices to trustees unnecessary. It further established that trustees can be held vicariously liable u/s 141 NI Act, and the amended complaints sufficiently detailed the petitioners’ involvement in the alleged transactions.
Dishonour of Cheque - vicarious liability - Whether service of notice to the trust through its trustees suffices for the purpose of the NI Act. - The Delhi High Court dismissed petitions challenging the trial court’s order summoning the petitioners in complaint cases filed u/s 138 NI Act. The Court held that serving notice to the trust through its trustees meets the legal requirement, making individual notices to trustees unnecessary. It further established that trustees can be held vicariously liable u/s 141 NI Act, and the amended complaints sufficiently detailed the petitioners’ involvement in the alleged transactions.
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