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    <title>2014 (7) TMI 1377 - KARNATAKA HIGH COURT</title>
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    <description>Vicarious criminal liability of company officers does not arise from designation alone under the Essential Commodities Act, 1955. The complaint must contain specific averments showing that the accused was in charge of and responsible for the company&#039;s business, or that he consented to, connived in, or negligently permitted the offence. A bald assertion that all directors are liable is insufficient, and the Court compared this requirement with the deeming scheme under Section 141 of the Negotiable Instruments Act, 1881. In the absence of foundational particulars of the Director-Chairman&#039;s role, cognizance and summons were held unsustainable, the proceedings against him were quashed, and the case continued against the remaining accused.</description>
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    <pubDate>Fri, 18 Jul 2014 00:00:00 +0530</pubDate>
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      <title>2014 (7) TMI 1377 - KARNATAKA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=307511</link>
      <description>Vicarious criminal liability of company officers does not arise from designation alone under the Essential Commodities Act, 1955. The complaint must contain specific averments showing that the accused was in charge of and responsible for the company&#039;s business, or that he consented to, connived in, or negligently permitted the offence. A bald assertion that all directors are liable is insufficient, and the Court compared this requirement with the deeming scheme under Section 141 of the Negotiable Instruments Act, 1881. In the absence of foundational particulars of the Director-Chairman&#039;s role, cognizance and summons were held unsustainable, the proceedings against him were quashed, and the case continued against the remaining accused.</description>
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      <pubDate>Fri, 18 Jul 2014 00:00:00 +0530</pubDate>
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