https://www.taxtmi.com/caselaws?id=352830 Vicarious criminal liability under Section 141 of the Negotiable Instruments Act can be imposed only where the complaint and material show that the person was in charge of and responsible for the company's business, or that the offence occurred with consent, connivance or neglect. A Special Director appointed under Section 16(4) of the Sick Industrial Companies (Special Provisions) Act, 1985 was held to fall outside the ordinary regime of company management, and mere status as a nominated or non-executive director was insufficient. As there was no cogent material showing day-to-day control or role in issuance or dishonour of the cheques, the proceedings against the applicant were quashed. en-us Fri, 01 Dec 2017 00:00:00 +0530 Fri, 22 Dec 2017 08:09:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352830 Vicarious criminal liability under Section 141 of the Negotiable Instruments Act can be imposed only where the complaint and material show that the person was in charge of and responsible for the company's business, or that the offence occurred with consent, connivance or neglect. A Special Director appointed under Section 16(4) of the Sick Industrial Companies (Special Provisions) Act, 1985 was held to fall outside the ordinary regime of company management, and mere status as a nominated or non-executive director was insufficient. As there was no cogent material showing day-to-day control or role in issuance or dishonour of the cheques, the proceedings against the applicant were quashed. Case-Laws Indian Laws Fri, 01 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352830