https://www.taxtmi.com/caselaws?id=342633 The court allowed the application, quashing the criminal proceedings against the applicant. It emphasized the necessity for specific and clear allegations to establish a director's liability under Section 141 of the N.I. Act. The case against the applicant was found to lack the required particulars, leading to the quashing of the complaint, verification order, summons, and the Sessions Court order. The proceedings were stayed to prevent misuse of the judicial process, ensuring that only those genuinely responsible for the company's conduct are prosecuted. en-us Tue, 25 Apr 2017 00:00:00 +0530 Thu, 10 Aug 2017 17:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342633 The court allowed the application, quashing the criminal proceedings against the applicant. It emphasized the necessity for specific and clear allegations to establish a director's liability under Section 141 of the N.I. Act. The case against the applicant was found to lack the required particulars, leading to the quashing of the complaint, verification order, summons, and the Sessions Court order. The proceedings were stayed to prevent misuse of the judicial process, ensuring that only those genuinely responsible for the company's conduct are prosecuted. Case-Laws Indian Laws Tue, 25 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342633