https://www.taxtmi.com/caselaws?id=437395 Undisputed material showing that former directors had resigned years before the alleged Companies Act default defeated any prima facie basis for vicarious liability for later acts of non-compliance. The prior regulatory record had already noted that no action was required against them because they were no longer directors, and that finding was later reaffirmed. On those facts, continuation of the criminal complaint and related proceedings was treated as harassment and an abuse of process, and the prosecution against the petitioners was liable to be quashed. en-us Mon, 13 Mar 2023 00:00:00 +0530 Fri, 05 May 2023 13:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437395 Undisputed material showing that former directors had resigned years before the alleged Companies Act default defeated any prima facie basis for vicarious liability for later acts of non-compliance. The prior regulatory record had already noted that no action was required against them because they were no longer directors, and that finding was later reaffirmed. On those facts, continuation of the criminal complaint and related proceedings was treated as harassment and an abuse of process, and the prosecution against the petitioners was liable to be quashed. Case-Laws Companies Law Mon, 13 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437395