https://www.taxtmi.com/caselaws?id=165235 Vicarious liability under Section 141 of the Negotiable Instruments Act, 1881 arises only when the complaint specifically avers that the accused was in charge of and responsible for the conduct of the company's business at the time of the offence. Mere designation in the company is insufficient, and the statutory fiction cannot be invoked without those foundational pleadings and supporting material. The text states that such averments must be examined at the threshold, and their absence cannot sustain liability under Section 138 read with Section 141. en-us Wed, 15 Apr 2009 00:00:00 +0530 Tue, 03 Jun 2014 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165235 Vicarious liability under Section 141 of the Negotiable Instruments Act, 1881 arises only when the complaint specifically avers that the accused was in charge of and responsible for the conduct of the company's business at the time of the offence. Mere designation in the company is insufficient, and the statutory fiction cannot be invoked without those foundational pleadings and supporting material. The text states that such averments must be examined at the threshold, and their absence cannot sustain liability under Section 138 read with Section 141. Case-Laws Companies Law Wed, 15 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165235