https://www.taxtmi.com/caselaws?id=303157 The court quashed the criminal complaint under Section 482 of Cr.P.C. regarding liability under Section 138 of the Negotiable Instruments Act. The judgment emphasized that mere designation or holding office in a company is insufficient to establish criminal liability under Section 141 of the Act. The court highlighted the importance of actual involvement in the company's affairs at the relevant time. As the complaint lacked specific allegations showing the applicants' responsibility for the day-to-day business of the firm, the court dismissed the complaint against them, ruling that the essential allegation required for prosecution was missing. en-us Tue, 14 Nov 2017 00:00:00 +0530 Fri, 20 Feb 2026 17:21:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303157 The court quashed the criminal complaint under Section 482 of Cr.P.C. regarding liability under Section 138 of the Negotiable Instruments Act. The judgment emphasized that mere designation or holding office in a company is insufficient to establish criminal liability under Section 141 of the Act. The court highlighted the importance of actual involvement in the company's affairs at the relevant time. As the complaint lacked specific allegations showing the applicants' responsibility for the day-to-day business of the firm, the court dismissed the complaint against them, ruling that the essential allegation required for prosecution was missing. Case-Laws Indian Laws Tue, 14 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303157