https://www.taxtmi.com/caselaws?id=447518 A society registered under the H.P. Societies Registration Act is a body corporate and falls within the expression "company" for Section 141 of the Negotiable Instruments Act, so vicarious liability can, in principle, extend to its office-bearers. However, prosecution under Section 138 cannot be maintained against office-bearers alone unless the society or other principal offender is also arraigned as an accused. Because the society was not made a party, the foundational requirement for fastening liability on the office-bearers was absent, and the complaint and related proceedings were set aside insofar as they concerned the petitioner. en-us Fri, 15 Dec 2023 00:00:00 +0530 Fri, 29 Dec 2023 07:56:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447518 A society registered under the H.P. Societies Registration Act is a body corporate and falls within the expression "company" for Section 141 of the Negotiable Instruments Act, so vicarious liability can, in principle, extend to its office-bearers. However, prosecution under Section 138 cannot be maintained against office-bearers alone unless the society or other principal offender is also arraigned as an accused. Because the society was not made a party, the foundational requirement for fastening liability on the office-bearers was absent, and the complaint and related proceedings were set aside insofar as they concerned the petitioner. Case-Laws Indian Laws Fri, 15 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447518