https://www.taxtmi.com/caselaws?id=301735 Criminal proceedings against individual directors or officers for alleged offences under the Chit Funds Act and the Penal Code were found unsustainable where the company through which the business was conducted was not arraigned as an accused. The court applied the principle that, when corporate liability and vicarious liability are relied on, the corporate entity should ordinarily be made a party because its presence is necessary to sustain proceedings against persons said to be responsible for its conduct. In the absence of the company, the complaints against the individuals alone could not be maintained, and the impugned order and further proceedings were quashed. en-us Tue, 14 Sep 2021 00:00:00 +0530 Sun, 17 Apr 2022 19:53:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301735 Criminal proceedings against individual directors or officers for alleged offences under the Chit Funds Act and the Penal Code were found unsustainable where the company through which the business was conducted was not arraigned as an accused. The court applied the principle that, when corporate liability and vicarious liability are relied on, the corporate entity should ordinarily be made a party because its presence is necessary to sustain proceedings against persons said to be responsible for its conduct. In the absence of the company, the complaints against the individuals alone could not be maintained, and the impugned order and further proceedings were quashed. Case-Laws Indian Laws Tue, 14 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301735