https://www.taxtmi.com/caselaws?id=194463 The Andhra Pradesh High Court dismissed the petition seeking to quash criminal proceedings against accused No. 5 under Section 138 of the Negotiable Instruments Act. The court emphasized the importance of specific allegations linking directors to the company's conduct, referencing the Supreme Court's judgment in Pepsi Foods Ltd. case. It highlighted the need for scrutiny of evidence before summoning accused persons and stressed the requirement for directors to be directly involved in the company's affairs to establish criminal liability under Section 141 of the NI Act. The judgment underscored the cautious approach needed in implicating directors in criminal cases to ensure fair trials and prevent unjust prosecution. en-us Tue, 26 Sep 2000 00:00:00 +0530 Fri, 22 Dec 2017 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194463 The Andhra Pradesh High Court dismissed the petition seeking to quash criminal proceedings against accused No. 5 under Section 138 of the Negotiable Instruments Act. The court emphasized the importance of specific allegations linking directors to the company's conduct, referencing the Supreme Court's judgment in Pepsi Foods Ltd. case. It highlighted the need for scrutiny of evidence before summoning accused persons and stressed the requirement for directors to be directly involved in the company's affairs to establish criminal liability under Section 141 of the NI Act. The judgment underscored the cautious approach needed in implicating directors in criminal cases to ensure fair trials and prevent unjust prosecution. Case-Laws Companies Law Tue, 26 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194463