https://www.taxtmi.com/caselaws?id=418910 The court set aside the order summoning the petitioner for an offence under Section 138 of the Negotiable Instruments Act. The petitioner, not being the signatory or Managing Director of the company, and lacking specific averments in the complaint regarding his responsibility for the company's affairs, was not held vicariously liable. The court found no cause of action against the petitioner and disposed of the petition, ruling in favor of the petitioner and setting aside the impugned order. en-us Tue, 08 Feb 2022 00:00:00 +0530 Mon, 28 Feb 2022 08:31:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418910 The court set aside the order summoning the petitioner for an offence under Section 138 of the Negotiable Instruments Act. The petitioner, not being the signatory or Managing Director of the company, and lacking specific averments in the complaint regarding his responsibility for the company's affairs, was not held vicariously liable. The court found no cause of action against the petitioner and disposed of the petition, ruling in favor of the petitioner and setting aside the impugned order. Case-Laws Indian Laws Tue, 08 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418910