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    <title>2024 (5) TMI 121 - DELHI HIGH COURT</title>
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    <description>A Company Secretary is not vicariously liable under Section 141(1) of the Negotiable Instruments Act merely by designation; the complaint must specifically aver that she was in charge of and responsible for the company&#039;s business. Section 141(2) also requires clear pleadings that the offence was committed with the officer&#039;s consent, connivance or neglect. General allegations or assurances of payment are insufficient without these foundational averments. On that reasoning, the text states that proceedings against the petitioner were unsustainable and the complaints, including the summoning orders, were quashed.</description>
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    <pubDate>Tue, 30 Apr 2024 00:00:00 +0530</pubDate>
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      <title>2024 (5) TMI 121 - DELHI HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=752068</link>
      <description>A Company Secretary is not vicariously liable under Section 141(1) of the Negotiable Instruments Act merely by designation; the complaint must specifically aver that she was in charge of and responsible for the company&#039;s business. Section 141(2) also requires clear pleadings that the offence was committed with the officer&#039;s consent, connivance or neglect. General allegations or assurances of payment are insufficient without these foundational averments. On that reasoning, the text states that proceedings against the petitioner were unsustainable and the complaints, including the summoning orders, were quashed.</description>
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      <pubDate>Tue, 30 Apr 2024 00:00:00 +0530</pubDate>
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