https://www.taxtmi.com/caselaws?id=196221 Vicarious liability for an employee's fraud arises only if the wrongful act is committed in the course of employment or as an unauthorised mode of doing an authorised act. Where the employee acts for personal advantage outside the scope of employment, the employer is not liable unless it authorised, ratified, or otherwise connected itself with the conduct. On the stated facts, the employee obtained share certificates and transfer documents and then committed fraud for his own benefit; the company neither authorised nor ratified the acts and took disciplinary and police action after discovery. The employer-company was therefore not vicariously liable. en-us Tue, 16 Jun 2009 00:00:00 +0530 Wed, 22 Nov 2017 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196221 Vicarious liability for an employee's fraud arises only if the wrongful act is committed in the course of employment or as an unauthorised mode of doing an authorised act. Where the employee acts for personal advantage outside the scope of employment, the employer is not liable unless it authorised, ratified, or otherwise connected itself with the conduct. On the stated facts, the employee obtained share certificates and transfer documents and then committed fraud for his own benefit; the company neither authorised nor ratified the acts and took disciplinary and police action after discovery. The employer-company was therefore not vicariously liable. Case-Laws Indian Laws Tue, 16 Jun 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196221