Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
HC dismissed the petition regarding dishonour of cheque, holding that the partner cannot be vicariously liable under Negotiable Instruments Act when the partnership firm was not the primary accused. The complaint was not maintainable as the firm was not made a party, and no specific allegations were established against the partner. The Additional Chief Metropolitan Magistrate's order was upheld, effectively abating the complaint following the death of the original accused partner, with no liability attributed to the remaining partner.
HC dismissed the petition regarding dishonour of cheque, holding that the partner cannot be vicariously liable under Negotiable Instruments Act when the partnership firm was not the primary accused. The complaint was not maintainable as the firm was not made a party, and no specific allegations were established against the partner. The Additional Chief Metropolitan Magistrate's order was upheld, effectively abating the complaint following the death of the original accused partner, with no liability attributed to the remaining partner.
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