https://www.taxtmi.com/caselaws?id=447264 The Delhi HC dismissed a petition seeking dismissal of a cheque dishonour complaint under sections 138 and 141 of the NI Act. The petitioner, who was Additional Director of the accused company, claimed he was not responsible for the company's business affairs and was merely a Regional Sales Manager. The HC held that section 141 creates constructive liability requiring strict construction, but the petitioner failed to provide documentary evidence proving non-participation in business conduct. The court ruled that liability cannot be absolved by merely pleading lack of responsibility for day-to-day affairs, and such matters must be established during trial. en-us Tue, 19 Dec 2023 00:00:00 +0530 Fri, 22 Dec 2023 09:40:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447264 The Delhi HC dismissed a petition seeking dismissal of a cheque dishonour complaint under sections 138 and 141 of the NI Act. The petitioner, who was Additional Director of the accused company, claimed he was not responsible for the company's business affairs and was merely a Regional Sales Manager. The HC held that section 141 creates constructive liability requiring strict construction, but the petitioner failed to provide documentary evidence proving non-participation in business conduct. The court ruled that liability cannot be absolved by merely pleading lack of responsibility for day-to-day affairs, and such matters must be established during trial. Case-Laws Indian Laws Tue, 19 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447264