https://www.taxtmi.com/caselaws?id=221141 Criminal prosecution against company directors was held unsustainable where the FIR alleged violations only against the companies and pleaded no specific act, omission, or statutory basis for fastening vicarious criminal liability on the directors. The Bihar Finance Act provisions invoked did not create such liability by themselves, so mere office as director was insufficient to sustain prosecution. The continuation of proceedings was also weakened by review orders setting aside the penalties imposed on the companies, indicating that no sustainable offence survived against the petitioners. On that basis, the FIR and criminal prosecution were quashed as against the directors as an abuse of process. en-us Mon, 09 Jan 2012 00:00:00 +0530 Tue, 05 Aug 2014 10:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221141 Criminal prosecution against company directors was held unsustainable where the FIR alleged violations only against the companies and pleaded no specific act, omission, or statutory basis for fastening vicarious criminal liability on the directors. The Bihar Finance Act provisions invoked did not create such liability by themselves, so mere office as director was insufficient to sustain prosecution. The continuation of proceedings was also weakened by review orders setting aside the penalties imposed on the companies, indicating that no sustainable offence survived against the petitioners. On that basis, the FIR and criminal prosecution were quashed as against the directors as an abuse of process. Case-Laws Companies Law Mon, 09 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221141