https://www.taxtmi.com/caselaws?id=398475 The court quashed the proceedings against the petitioner, a Non-Executive Director, in cases involving dishonored cheques. It held that mere directorship does not automatically impose liability under Section 141 of the NI Act without specific averments detailing the director's role in the company's affairs. As the complaint lacked such specifics, the court found the petitioner not vicariously liable and ordered the trial against other accused to proceed swiftly. en-us Tue, 18 Aug 2020 00:00:00 +0530 Thu, 17 Sep 2020 14:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398475 The court quashed the proceedings against the petitioner, a Non-Executive Director, in cases involving dishonored cheques. It held that mere directorship does not automatically impose liability under Section 141 of the NI Act without specific averments detailing the director's role in the company's affairs. As the complaint lacked such specifics, the court found the petitioner not vicariously liable and ordered the trial against other accused to proceed swiftly. Case-Laws Indian Laws Tue, 18 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398475