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    <title>2019 (1) TMI 1375 - DELHI HIGH COURT</title>
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    <description>Liability under Section 141 of the Negotiable Instruments Act attaches only to persons who were in charge of, or responsible for, the conduct of the company&#039;s business at the time of the offence. A bare averment that directors were responsible for the company&#039;s affairs is not enough to summon them as accused, particularly where the complaint does not allege that they were signatories to the cheques or otherwise show specific responsibility for the relevant transaction. On that basis, the Delhi HC held that the summoning order could not be sustained and quashed the criminal proceedings against the non-signatory directors.</description>
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    <pubDate>Fri, 11 Jan 2019 00:00:00 +0530</pubDate>
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      <title>2019 (1) TMI 1375 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=374210</link>
      <description>Liability under Section 141 of the Negotiable Instruments Act attaches only to persons who were in charge of, or responsible for, the conduct of the company&#039;s business at the time of the offence. A bare averment that directors were responsible for the company&#039;s affairs is not enough to summon them as accused, particularly where the complaint does not allege that they were signatories to the cheques or otherwise show specific responsibility for the relevant transaction. On that basis, the Delhi HC held that the summoning order could not be sustained and quashed the criminal proceedings against the non-signatory directors.</description>
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      <pubDate>Fri, 11 Jan 2019 00:00:00 +0530</pubDate>
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