https://www.taxtmi.com/caselaws?id=111256 Vicarious liability under section 141 of the Negotiable Instruments Act applies only when the drawer concern is a company, firm or other entity covered by the provision and the complaint clearly pleads that the accused falls within the specified category. A proprietary concern is not a company or firm, and a vague description of the drawer as a business concern is insufficient to attract derivative criminal liability. Mere use of designations such as manager or director, without clear averments on the legal status of the concern and the accused's role, does not sustain prosecution under section 141. en-us Thu, 05 Apr 2007 00:00:00 +0530 Wed, 14 Aug 2024 17:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111256 Vicarious liability under section 141 of the Negotiable Instruments Act applies only when the drawer concern is a company, firm or other entity covered by the provision and the complaint clearly pleads that the accused falls within the specified category. A proprietary concern is not a company or firm, and a vague description of the drawer as a business concern is insufficient to attract derivative criminal liability. Mere use of designations such as manager or director, without clear averments on the legal status of the concern and the accused's role, does not sustain prosecution under section 141. Case-Laws Companies Law Thu, 05 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111256