https://www.taxtmi.com/caselaws?id=245412 The Supreme Court dismissed the complaint against the appellants as it found the complaints lacked specific or general allegations regarding their responsibility for the company's business conduct, as required under Section 141 of the Negotiable Instruments Act, 1881. The Court emphasized the necessity for clear allegations in the complaint against accused persons regarding their role in the business. Consequently, the appeals were allowed, and the High Court's decision was set aside. en-us Tue, 25 Mar 2014 00:00:00 +0530 Fri, 02 Jan 2015 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245412 The Supreme Court dismissed the complaint against the appellants as it found the complaints lacked specific or general allegations regarding their responsibility for the company's business conduct, as required under Section 141 of the Negotiable Instruments Act, 1881. The Court emphasized the necessity for clear allegations in the complaint against accused persons regarding their role in the business. Consequently, the appeals were allowed, and the High Court's decision was set aside. Case-Laws Indian Laws Tue, 25 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245412