Credit-note turnover adjustments preserve inverted-duty refunds, while ministerial re-computation does not constitute an impermissible appellate reman...
Revisional jurisdiction over export quota premium deductions requires both error and Revenue prejudice; a permissible assessment view cannot be displa...
Dishonor of cheque case. Petitioners described as managers, wives of directors. Court examined whether petitioners can be arrayed as accused. Held, company is principal accused, directors are accused. No averment in complaint regarding petitioners' role in transaction or functioning of company. No vicarious liability in criminal law. Section 141 of Negotiable Instruments Act requires person to be in charge and responsible for company's business conduct at time of offense. Merely managing company's affairs insufficient. Petitioners' role not established as responsible for company's business conduct. Complaint against petitioners cannot be sustained in absence of specific averments. Petition disposed of.
Dishonor of cheque case. Petitioners described as managers, wives of directors. Court examined whether petitioners can be arrayed as accused. Held, company is principal accused, directors are accused. No averment in complaint regarding petitioners' role in transaction or functioning of company. No vicarious liability in criminal law. Section 141 of Negotiable Instruments Act requires person to be in charge and responsible for company's business conduct at time of offense. Merely managing company's affairs insufficient. Petitioners' role not established as responsible for company's business conduct. Complaint against petitioners cannot be sustained in absence of specific averments. Petition disposed of.
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