https://www.taxtmi.com/caselaws?id=403912 In prosecutions under the Negotiable Instruments Act, vicarious liability of company directors depends on factual averments showing that they were in charge of and responsible for the company's business at the relevant time. The complaint is not defeated by the absence of exact formulaic words if, read as a whole, it discloses that the directors acted for the company, issued the cheque, or assured its honour. Where the record shows a prima facie case under Section 138, disputed defences such as a blank cheque or forgery are not examined at the quashing stage. The complaint and summoning order were therefore not liable to be quashed. en-us Thu, 04 Feb 2021 00:00:00 +0530 Wed, 10 Feb 2021 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403912 In prosecutions under the Negotiable Instruments Act, vicarious liability of company directors depends on factual averments showing that they were in charge of and responsible for the company's business at the relevant time. The complaint is not defeated by the absence of exact formulaic words if, read as a whole, it discloses that the directors acted for the company, issued the cheque, or assured its honour. Where the record shows a prima facie case under Section 138, disputed defences such as a blank cheque or forgery are not examined at the quashing stage. The complaint and summoning order were therefore not liable to be quashed. Case-Laws Indian Laws Thu, 04 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403912