https://www.taxtmi.com/caselaws?id=425816 Vicarious criminal liability under the Negotiable Instruments Act requires specific pleadings showing how and in what manner a director was in charge of and responsible for the company's business at the relevant time. Mere designation as a non-executive independent director is insufficient, and the exception for managing directors, joint managing directors, or cheque signatories did not apply here. As the complaint contained only bald averments and the appellants were not cheque signatories, continuation of the proceedings against them was not justified. The refusal to quash the prosecution and to dispense with personal appearance was therefore unsustainable, and the proceedings were quashed insofar as the appellants were concerned. en-us Mon, 01 Aug 2022 00:00:00 +0530 Fri, 30 Jun 2023 16:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425816 Vicarious criminal liability under the Negotiable Instruments Act requires specific pleadings showing how and in what manner a director was in charge of and responsible for the company's business at the relevant time. Mere designation as a non-executive independent director is insufficient, and the exception for managing directors, joint managing directors, or cheque signatories did not apply here. As the complaint contained only bald averments and the appellants were not cheque signatories, continuation of the proceedings against them was not justified. The refusal to quash the prosecution and to dispense with personal appearance was therefore unsustainable, and the proceedings were quashed insofar as the appellants were concerned. Case-Laws Indian Laws Mon, 01 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425816