https://www.taxtmi.com/caselaws?id=126996 Vicarious criminal liability for company offences cannot be imposed on a person merely because their name appears in company records or they are shown as a shareholder. Specific averments are required in the complaint to show that the person was in charge of, and responsible for, the conduct of the company's business at the relevant time. Where the complaint contains only general allegations and no material links the person to day-to-day management or control, proceedings are unsustainable. On the facts stated, the petitioners were shown only as shareholders, with no specific role attributed to them, so the proceedings against them were set aside. en-us Mon, 30 May 2011 00:00:00 +0530 Mon, 15 Sep 2014 09:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126996 Vicarious criminal liability for company offences cannot be imposed on a person merely because their name appears in company records or they are shown as a shareholder. Specific averments are required in the complaint to show that the person was in charge of, and responsible for, the conduct of the company's business at the relevant time. Where the complaint contains only general allegations and no material links the person to day-to-day management or control, proceedings are unsustainable. On the facts stated, the petitioners were shown only as shareholders, with no specific role attributed to them, so the proceedings against them were set aside. Case-Laws Companies Law Mon, 30 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126996