https://www.taxtmi.com/caselaws?id=396214 Vicarious liability under the Negotiable Instruments Act can arise against a director or chairman for a company cheque only when the company itself is arraigned as an accused and the complaint lays the necessary foundation under Section 141. Where the cheque is issued on behalf of the company but the prosecution proceeds only against the individual, and the company is not made an accused, the complaint is legally unsustainable. On the stated facts, the proceedings and the charge order against the petitioner alone could not be maintained. en-us Tue, 09 Jun 2020 00:00:00 +0530 Thu, 25 Jun 2020 17:48:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396214 Vicarious liability under the Negotiable Instruments Act can arise against a director or chairman for a company cheque only when the company itself is arraigned as an accused and the complaint lays the necessary foundation under Section 141. Where the cheque is issued on behalf of the company but the prosecution proceeds only against the individual, and the company is not made an accused, the complaint is legally unsustainable. On the stated facts, the proceedings and the charge order against the petitioner alone could not be maintained. Case-Laws Indian Laws Tue, 09 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396214