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    <title>2010 (3) TMI 914 -  HIGH COURT OF ORISSA</title>
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    <description>Vicarious criminal liability of a director under section 141 of the Negotiable Instruments Act is not automatic from holding office; the complaint must contain specific averments showing that the director was in charge of, and responsible for, the conduct of the company&#039;s business at the relevant time, or that the offence was committed with consent, connivance, or neglect. Vague allegations are insufficient, and where the pleadings do not satisfy these requirements, cognisance against the director cannot be sustained. On the pleaded facts, the allegations against the petitioner-director were found inadequate, while the managing director was stated to have issued the cheque, and the cognisance order was quashed.</description>
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    <pubDate>Thu, 25 Mar 2010 00:00:00 +0530</pubDate>
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      <title>2010 (3) TMI 914 -  HIGH COURT OF ORISSA</title>
      <link>https://www.taxtmi.com/caselaws?id=127053</link>
      <description>Vicarious criminal liability of a director under section 141 of the Negotiable Instruments Act is not automatic from holding office; the complaint must contain specific averments showing that the director was in charge of, and responsible for, the conduct of the company&#039;s business at the relevant time, or that the offence was committed with consent, connivance, or neglect. Vague allegations are insufficient, and where the pleadings do not satisfy these requirements, cognisance against the director cannot be sustained. On the pleaded facts, the allegations against the petitioner-director were found inadequate, while the managing director was stated to have issued the cheque, and the cognisance order was quashed.</description>
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