https://www.taxtmi.com/caselaws?id=421205 The court quashed the proceedings against the accused in a trial under Section 138 of the Negotiable Instruments Act. The court held that prosecution invoking vicarious liability under Section 141 was unsustainable as the company was not named as an accused, and the petitioners' roles in the company were not adequately established. The court referred to legal precedents emphasizing the necessity of implicating the company to establish vicarious liability. Consequently, the court ruled in favor of the accused, allowing the Criminal Original Petition and closing the connected miscellaneous petition. en-us Thu, 17 Mar 2022 00:00:00 +0530 Wed, 20 Apr 2022 08:30:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421205 The court quashed the proceedings against the accused in a trial under Section 138 of the Negotiable Instruments Act. The court held that prosecution invoking vicarious liability under Section 141 was unsustainable as the company was not named as an accused, and the petitioners' roles in the company were not adequately established. The court referred to legal precedents emphasizing the necessity of implicating the company to establish vicarious liability. Consequently, the court ruled in favor of the accused, allowing the Criminal Original Petition and closing the connected miscellaneous petition. Case-Laws Indian Laws Thu, 17 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421205