https://www.taxtmi.com/highlights?id=63371 Dishonor of Cheque - vicarious criminal liability of a partner - partnership firm is not an accused tried for the primary/substantive offence - The provisions of Section 141 impose vicarious liability by deeming fiction which presupposes and requires the commission of the offence by the company or firm. Therefore, unless the company or firm has committed the offence as a principal accused, the persons mentioned in sub-section (1) or (2) would not be liable and convicted as vicariously liable. - SC en-us Wed, 11 May 2022 10:45:24 +0530 Wed, 11 May 2022 10:45:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=63371 Dishonor of Cheque - vicarious criminal liability of a partner - partnership firm is not an accused tried for the primary/substantive offence - The provisions of Section 141 impose vicarious liability by deeming fiction which presupposes and requires the commission of the offence by the company or firm. Therefore, unless the company or firm has committed the offence as a principal accused, the persons mentioned in sub-section (1) or (2) would not be liable and convicted as vicariously liable. - SC Highlights Indian Laws Wed, 11 May 2022 10:45:24 +0530 https://www.taxtmi.com/highlights?id=63371