https://www.taxtmi.com/caselaws?id=424191 The court dismissed the petition to quash the complaint under Section 138 of the Negotiable Instrument Act against a company and its directors. It held that the directors, including non-executive directors, must face trial to establish their innocence. Specific averments and evidence are crucial in determining liability, and disputed facts should be resolved through trial rather than summary dismissal. The court emphasized that non-executive directors cannot escape trial by claiming lack of involvement, as their active participation in transactions raised a disputed fact requiring resolution in court. en-us Wed, 15 Jun 2022 00:00:00 +0530 Fri, 24 Jun 2022 07:53:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424191 The court dismissed the petition to quash the complaint under Section 138 of the Negotiable Instrument Act against a company and its directors. It held that the directors, including non-executive directors, must face trial to establish their innocence. Specific averments and evidence are crucial in determining liability, and disputed facts should be resolved through trial rather than summary dismissal. The court emphasized that non-executive directors cannot escape trial by claiming lack of involvement, as their active participation in transactions raised a disputed fact requiring resolution in court. Case-Laws Indian Laws Wed, 15 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424191