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    <title>2013 (5) TMI 951 - DELHI HIGH COURT</title>
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    <description>Vicarious criminal liability under Section 141 of the Negotiable Instruments Act does not arise merely from a company officer&#039;s designation; the complaint must specifically plead how and in what manner each accused was in charge of and responsible for the conduct of the company&#039;s business at the relevant time. Bare repetition of the statutory language is insufficient. Managing Directors and Joint Managing Directors are ordinarily covered by virtue of office, and the cheque signatory may be liable on the basis of his own act. Before issuing summons, the Magistrate should conduct meaningful scrutiny of supporting materials, including director particulars, cheque and dishonour details, the role of each proposed accused, and notice-related information.</description>
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    <pubDate>Mon, 06 May 2013 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=194926</link>
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      <pubDate>Mon, 06 May 2013 00:00:00 +0530</pubDate>
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