https://www.taxtmi.com/caselaws?id=374210 The High Court quashed criminal proceedings against the petitioners, emphasizing the need for specific averments and substantial evidence to establish liability under Section 141 of the Negotiable Instruments Act, 1881. The court clarified that mere directorship does not automatically imply liability and highlighted the importance of individual roles in a company's business when determining vicarious liability in criminal cases. The judgment underscored that summoning directors as accused solely based on their positions without evidence of involvement in the offense is legally unsustainable. en-us Fri, 11 Jan 2019 00:00:00 +0530 Tue, 29 Jan 2019 07:23:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374210 The High Court quashed criminal proceedings against the petitioners, emphasizing the need for specific averments and substantial evidence to establish liability under Section 141 of the Negotiable Instruments Act, 1881. The court clarified that mere directorship does not automatically imply liability and highlighted the importance of individual roles in a company's business when determining vicarious liability in criminal cases. The judgment underscored that summoning directors as accused solely based on their positions without evidence of involvement in the offense is legally unsustainable. Case-Laws Indian Laws Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374210