<?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>2000 (7) TMI 1012 - ANDHRA PRADESH HIGH COURT</title>
    <link>https://www.taxtmi.com/caselaws?id=303057</link>
    <description>Complaint under Section 138 of the Negotiable Instruments Act could not sustain vicarious liability against directors under Section 141 unless it contained specific averments that they were in charge of and responsible for the company&#039;s business at the relevant time, or that they acted with knowledge, consent, connivance, or negligence. A bare assertion that the accused were directors was insufficient, and deficiencies in the complaint itself could not be cured by the sworn statement or accompanying material. In proceedings under Section 482 of the Code of Criminal Procedure, the High Court could quash the prosecution where the statutory ingredients were not made out and continuation would amount to abuse of process.</description>
    <language>en-us</language>
    <pubDate>Mon, 24 Jul 2000 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 01 Jul 2022 18:12:43 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=683699" rel="self" type="application/rss+xml"/>
    <item>
      <title>2000 (7) TMI 1012 - ANDHRA PRADESH HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=303057</link>
      <description>Complaint under Section 138 of the Negotiable Instruments Act could not sustain vicarious liability against directors under Section 141 unless it contained specific averments that they were in charge of and responsible for the company&#039;s business at the relevant time, or that they acted with knowledge, consent, connivance, or negligence. A bare assertion that the accused were directors was insufficient, and deficiencies in the complaint itself could not be cured by the sworn statement or accompanying material. In proceedings under Section 482 of the Code of Criminal Procedure, the High Court could quash the prosecution where the statutory ingredients were not made out and continuation would amount to abuse of process.</description>
      <category>Case-Laws</category>
      <law>Indian Laws</law>
      <pubDate>Mon, 24 Jul 2000 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=303057</guid>
    </item>
  </channel>
</rss>