https://www.taxtmi.com/caselaws?id=307348 Liability under Section 138 of the Negotiable Instruments Act attaches to the drawer of the cheque for discharge of a debt or other liability. The notice, complaint and evidence did not contain a clear averment that the later entity had taken over and agreed to discharge the liabilities of the earlier concern, so liability could not be fastened merely by assertion. The scheme of Sections 138 and 141 also requires the principal drawer to be properly established before vicarious liability can arise. On that record, the prosecution could not succeed and interference with the acquittal was declined. en-us Wed, 16 Sep 2015 00:00:00 +0530 Wed, 21 Jun 2023 16:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307348 Liability under Section 138 of the Negotiable Instruments Act attaches to the drawer of the cheque for discharge of a debt or other liability. The notice, complaint and evidence did not contain a clear averment that the later entity had taken over and agreed to discharge the liabilities of the earlier concern, so liability could not be fastened merely by assertion. The scheme of Sections 138 and 141 also requires the principal drawer to be properly established before vicarious liability can arise. On that record, the prosecution could not succeed and interference with the acquittal was declined. Case-Laws Indian Laws Wed, 16 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307348