https://www.taxtmi.com/caselaws?id=364294 For prosecution of non-signatory directors under Section 141 of the Negotiable Instruments Act, the complaint must contain a specific averment that they were in charge of, or responsible for, the conduct of the company's business at the time of the offence. Mere designation as a director, or general statements about business involvement, is insufficient. As the petitioners were not shown to be cheque signatories and the complaints lacked the required foundational allegation, the criminal proceedings against them could not be sustained. The proceedings were quashed insofar as they related to the petitioners, and the complaint cases were dropped against them. en-us Mon, 23 Jul 2018 00:00:00 +0530 Thu, 26 Jul 2018 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364294 For prosecution of non-signatory directors under Section 141 of the Negotiable Instruments Act, the complaint must contain a specific averment that they were in charge of, or responsible for, the conduct of the company's business at the time of the offence. Mere designation as a director, or general statements about business involvement, is insufficient. As the petitioners were not shown to be cheque signatories and the complaints lacked the required foundational allegation, the criminal proceedings against them could not be sustained. The proceedings were quashed insofar as they related to the petitioners, and the complaint cases were dropped against them. Case-Laws Indian Laws Mon, 23 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364294