https://www.taxtmi.com/caselaws?id=200104 Criminal vicarious liability cannot be presumed merely because a person holds office as Managing Director; absent an express statutory fiction, prosecution must show specific acts of participation, abetment, conspiracy, or direct involvement. Where the final report and accompanying material disclose only the company's transactions and not any overt act, dishonest intention, or meeting of minds by the accused, cognizance for IPC offences and Section 12 of the Prevention of Corruption Act is not sustainable. In the absence of specific allegations and supporting material demonstrating personal criminal liability, proceedings against such an accused are liable to be quashed. en-us Fri, 18 Mar 2016 00:00:00 +0530 Wed, 21 Mar 2018 07:12:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200104 Criminal vicarious liability cannot be presumed merely because a person holds office as Managing Director; absent an express statutory fiction, prosecution must show specific acts of participation, abetment, conspiracy, or direct involvement. Where the final report and accompanying material disclose only the company's transactions and not any overt act, dishonest intention, or meeting of minds by the accused, cognizance for IPC offences and Section 12 of the Prevention of Corruption Act is not sustainable. In the absence of specific allegations and supporting material demonstrating personal criminal liability, proceedings against such an accused are liable to be quashed. Case-Laws Indian Laws Fri, 18 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200104