https://www.taxtmi.com/caselaws?id=443737 A prosecution under the Negotiable Instruments Act against non-executive directors cannot rest on a bald assertion that they were in charge of the company's affairs. Liability of a director who is not a cheque signatory requires specific averments showing how and in what manner the director was responsible for the conduct of the company's business; absent such particulars, continuation of the criminal complaint amounts to abuse of process. On the facts, the complaint lacked the necessary role-based allegations against the petitioners, so the proceedings were quashed to that extent. en-us Wed, 02 Aug 2023 00:00:00 +0530 Sat, 30 Sep 2023 08:25:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443737 A prosecution under the Negotiable Instruments Act against non-executive directors cannot rest on a bald assertion that they were in charge of the company's affairs. Liability of a director who is not a cheque signatory requires specific averments showing how and in what manner the director was responsible for the conduct of the company's business; absent such particulars, continuation of the criminal complaint amounts to abuse of process. On the facts, the complaint lacked the necessary role-based allegations against the petitioners, so the proceedings were quashed to that extent. Case-Laws Indian Laws Wed, 02 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443737