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    <title>2010 (7) TMI 276 - HIGH COURT OF KARNATAKA</title>
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    <description>A director cannot be made vicariously liable for an offence under the Negotiable Instruments Act unless the complaint specifically pleads that she was in charge of and responsible for the company&#039;s business at the relevant time. A bare statement that the accused was a director, or that directors generally managed the company, is insufficient. On the facts stated, the complaint lacked the required factual averments linking the petitioner to day-to-day conduct of the business, so the criminal proceedings were liable to be quashed against her.</description>
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      <description>A director cannot be made vicariously liable for an offence under the Negotiable Instruments Act unless the complaint specifically pleads that she was in charge of and responsible for the company&#039;s business at the relevant time. A bare statement that the accused was a director, or that directors generally managed the company, is insufficient. On the facts stated, the complaint lacked the required factual averments linking the petitioner to day-to-day conduct of the business, so the criminal proceedings were liable to be quashed against her.</description>
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      <pubDate>Fri, 23 Jul 2010 00:00:00 +0530</pubDate>
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