https://www.taxtmi.com/caselaws?id=304902 The Supreme Court quashed the complaint and summoning order against accused No.2 to 7, who were directors of accused No.1, in a case involving allegations under Section 138 of the Negotiable Instruments Act 1881. The Court emphasized the necessity of specific averments against directors under Section 141 of the Act, noting the lack of such allegations in the complaint. However, the complaint and summoning order against accused No.1 were upheld due to prima facie evidence supporting the existence of the complainant company during the transaction. No costs were awarded to accused No.2 to 7. en-us Thu, 20 Sep 2007 00:00:00 +0530 Fri, 04 Nov 2022 11:03:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304902 The Supreme Court quashed the complaint and summoning order against accused No.2 to 7, who were directors of accused No.1, in a case involving allegations under Section 138 of the Negotiable Instruments Act 1881. The Court emphasized the necessity of specific averments against directors under Section 141 of the Act, noting the lack of such allegations in the complaint. However, the complaint and summoning order against accused No.1 were upheld due to prima facie evidence supporting the existence of the complainant company during the transaction. No costs were awarded to accused No.2 to 7. Case-Laws Indian Laws Thu, 20 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304902