https://www.taxtmi.com/caselaws?id=414974 Specific averments that company directors were in charge of the company's affairs and that cheques were issued with their consent were held sufficient to proceed under Sections 138 and 141 of the Negotiable Instruments Act. The court treated the allegations in the complaint, statutory notice, rejoinder and supporting material as adequate at the threshold to attract vicarious liability, while disputes about actual participation, day-to-day control, or cessation of business were factual matters for trial rather than quashing. On that basis, the criminal complaints were permitted to proceed against the directors. en-us Wed, 07 Jul 2021 00:00:00 +0530 Mon, 22 Nov 2021 09:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414974 Specific averments that company directors were in charge of the company's affairs and that cheques were issued with their consent were held sufficient to proceed under Sections 138 and 141 of the Negotiable Instruments Act. The court treated the allegations in the complaint, statutory notice, rejoinder and supporting material as adequate at the threshold to attract vicarious liability, while disputes about actual participation, day-to-day control, or cessation of business were factual matters for trial rather than quashing. On that basis, the criminal complaints were permitted to proceed against the directors. Case-Laws Indian Laws Wed, 07 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414974