https://www.taxtmi.com/caselaws?id=449341 A company complaint under the Negotiable Instruments Act may be filed in the company's name and pursued through an authorised representative, with prima facie authorisation sufficient at the summoning stage. Allegations that the cheque was issued for the company's transaction, and that a director signed the cheque or was involved in the business deal, can be enough to attract vicarious liability under the Act. Claims that a director had resigned or was not responsible for day-to-day affairs ordinarily raise disputed facts requiring evidence, and are not usually resolved in proceedings to quash at the threshold. The matter turns on prima facie allegations, while authority and liability are left for trial. en-us Wed, 07 Feb 2024 00:00:00 +0530 Sat, 10 Feb 2024 07:43:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449341 A company complaint under the Negotiable Instruments Act may be filed in the company's name and pursued through an authorised representative, with prima facie authorisation sufficient at the summoning stage. Allegations that the cheque was issued for the company's transaction, and that a director signed the cheque or was involved in the business deal, can be enough to attract vicarious liability under the Act. Claims that a director had resigned or was not responsible for day-to-day affairs ordinarily raise disputed facts requiring evidence, and are not usually resolved in proceedings to quash at the threshold. The matter turns on prima facie allegations, while authority and liability are left for trial. Case-Laws Indian Laws Wed, 07 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449341