https://www.taxtmi.com/caselaws?id=378347 Criminal complaints under the Negotiable Instruments Act were sought to be quashed on the ground that the petitioner was not responsible for the day-to-day affairs of the company and could not be vicariously liable under Section 141. The Delhi HC found material such as board minutes and regulatory filings indicating the petitioner's active role as Chairman-cum-Managing Director, while his assertion of being an NRI with no business involvement was vague and unsubstantiated. It held that whether he was in charge of and responsible for the company's conduct involved disputed factual questions that could not be decided in Section 482 CrPC proceedings, and such defences must be tested at trial. The quashing petitions were therefore rejected and the complaints were allowed to proceed. en-us Thu, 28 Mar 2019 00:00:00 +0530 Sat, 13 Apr 2019 06:09:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378347 Criminal complaints under the Negotiable Instruments Act were sought to be quashed on the ground that the petitioner was not responsible for the day-to-day affairs of the company and could not be vicariously liable under Section 141. The Delhi HC found material such as board minutes and regulatory filings indicating the petitioner's active role as Chairman-cum-Managing Director, while his assertion of being an NRI with no business involvement was vague and unsubstantiated. It held that whether he was in charge of and responsible for the company's conduct involved disputed factual questions that could not be decided in Section 482 CrPC proceedings, and such defences must be tested at trial. The quashing petitions were therefore rejected and the complaints were allowed to proceed. Case-Laws Indian Laws Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378347