<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2022 (5) TMI 424 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=422164</link>
    <description>Vicarious criminal liability under Section 141 of the Negotiable Instruments Act arises only when the firm or company is the principal offender and the complaint contains specific averments that the accused was in charge of and responsible for its business. Mere status as a partner or guarantor is insufficient, and civil liability under partnership or guarantee law cannot be converted into criminal liability without the statutory foundation. Where the firm was not made an accused and the evidence did not show control over the business or issuance of the cheques, conviction under Section 138 read with Section 141 could not be sustained.</description>
    <language>en-us</language>
    <pubDate>Mon, 09 May 2022 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 16 May 2025 11:39:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=678686" rel="self" type="application/rss+xml"/>
    <item>
      <title>2022 (5) TMI 424 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=422164</link>
      <description>Vicarious criminal liability under Section 141 of the Negotiable Instruments Act arises only when the firm or company is the principal offender and the complaint contains specific averments that the accused was in charge of and responsible for its business. Mere status as a partner or guarantor is insufficient, and civil liability under partnership or guarantee law cannot be converted into criminal liability without the statutory foundation. Where the firm was not made an accused and the evidence did not show control over the business or issuance of the cheques, conviction under Section 138 read with Section 141 could not be sustained.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Mon, 09 May 2022 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=422164</guid>
    </item>
  </channel>
</rss>