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    <title>2021 (12) TMI 330 - TELANGANA HIGH COURT</title>
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    <description>Vicarious criminal liability of company directors under Section 141 of the Negotiable Instruments Act depends on clear and specific averments that the director was in charge of, and responsible for, the company&#039;s business at the relevant time. A bare statement that all directors are liable is insufficient. Where the record shows that independent directors had resigned before the cheque date, and the complaint does not allege that they were signatories to the cheque or involved in day-to-day management, proceedings against them cannot be sustained and are liable to be quashed as an abuse of process.</description>
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