Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Non-executive director's vicarious liability in a company u/s 138 of the Negotiable Instruments Act examined. For making a non-executive director liable, there must be specific averments showing their responsibility for company's conduct. Mere designation as director without involvement in transaction is insufficient. Complaint lacking such averments against petitioner non-executive director cannot continue. Petition disposed of.
Non-executive director's vicarious liability in a company u/s 138 of the Negotiable Instruments Act examined. For making a non-executive director liable, there must be specific averments showing their responsibility for company's conduct. Mere designation as director without involvement in transaction is insufficient. Complaint lacking such averments against petitioner non-executive director cannot continue. Petition disposed of.
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