https://www.taxtmi.com/article/detailed?id=10403 Criminal liability for dishonour of company cheques may be visited upon natural persons who were in charge of and responsible for the conduct of the business; liability arises either by proving that a person was in actual control of day to day operations or by proving consent, connivance or neglect by directors or officers. The prosecution bears the initial burden to establish control, while an accused bears the onus to prove lack of knowledge or exercise of due diligence. Complaints should name the company as principal accused and contain specific averments that a director managed the company's affairs at the relevant time. en-us Wed, 18 May 2022 16:31:35 +0530 Wed, 18 May 2022 16:31:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10403 Criminal liability for dishonour of company cheques may be visited upon natural persons who were in charge of and responsible for the conduct of the business; liability arises either by proving that a person was in actual control of day to day operations or by proving consent, connivance or neglect by directors or officers. The prosecution bears the initial burden to establish control, while an accused bears the onus to prove lack of knowledge or exercise of due diligence. Complaints should name the company as principal accused and contain specific averments that a director managed the company's affairs at the relevant time. Articles Corporate Laws / IBC / SEBI Wed, 18 May 2022 16:31:35 +0530 https://www.taxtmi.com/article/detailed?id=10403