https://www.taxtmi.com/caselaws?id=421257 Vicarious criminal liability under Section 141 of the Negotiable Instruments Act, 1881 attaches only to persons who were partners and were in charge of and responsible for the firm's business at the relevant time. Where firm records showed that the petitioners had resigned before the loan transaction and cheque issuance, and the complaint materials did not establish their continued partnership or control over the business, the basis for fastening liability under Sections 138 and 141 was absent. The criminal proceedings were therefore liable to be quashed. en-us Tue, 05 Apr 2022 00:00:00 +0530 Thu, 21 Apr 2022 08:30:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421257 Vicarious criminal liability under Section 141 of the Negotiable Instruments Act, 1881 attaches only to persons who were partners and were in charge of and responsible for the firm's business at the relevant time. Where firm records showed that the petitioners had resigned before the loan transaction and cheque issuance, and the complaint materials did not establish their continued partnership or control over the business, the basis for fastening liability under Sections 138 and 141 was absent. The criminal proceedings were therefore liable to be quashed. Case-Laws Indian Laws Tue, 05 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421257