https://www.taxtmi.com/highlights?id=71883 Criminal conspiracy - deceive the banks - committing a criminal breach of trust and faith - vicarious liability - It is submitted that Petitioner were never being the Director of the accused companies - In order to constitute the offence, the intention to deceive should be in existence at the time when the inducement was made - on a perusal of the complaint and material, comes to a conclusion that the allegations levelled in the complaint on the face of it does not constitute any offence as against the petitioners. - HC en-us Fri, 08 Sep 2023 09:01:56 +0530 Fri, 08 Sep 2023 09:01:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71883 Criminal conspiracy - deceive the banks - committing a criminal breach of trust and faith - vicarious liability - It is submitted that Petitioner were never being the Director of the accused companies - In order to constitute the offence, the intention to deceive should be in existence at the time when the inducement was made - on a perusal of the complaint and material, comes to a conclusion that the allegations levelled in the complaint on the face of it does not constitute any offence as against the petitioners. - HC Highlights Companies Law Fri, 08 Sep 2023 09:01:56 +0530 https://www.taxtmi.com/highlights?id=71883