https://www.taxtmi.com/caselaws?id=297572 The court quashed the proceedings against the petitioner, a Director of a company, under Section 138 of the Negotiable Instruments Act. The court emphasized the lack of specific allegations linking the petitioner to the offense and considered his resignation before the issuance of the dishonored cheques. Relying on previous judgments and Form-32 evidence, the court found the allegations vague and insufficient to establish vicarious liability. Stressing the importance of clear averments, the court dismissed the case against the petitioner and ordered an expedited trial for the other accused parties. en-us Fri, 03 Jan 2020 00:00:00 +0530 Fri, 10 Sep 2021 17:34:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297572 The court quashed the proceedings against the petitioner, a Director of a company, under Section 138 of the Negotiable Instruments Act. The court emphasized the lack of specific allegations linking the petitioner to the offense and considered his resignation before the issuance of the dishonored cheques. Relying on previous judgments and Form-32 evidence, the court found the allegations vague and insufficient to establish vicarious liability. Stressing the importance of clear averments, the court dismissed the case against the petitioner and ordered an expedited trial for the other accused parties. Case-Laws Indian Laws Fri, 03 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297572