https://www.taxtmi.com/caselaws?id=752740 In a cheque dishonour prosecution under the Negotiable Instruments Act, notice addressed to a trust through its trustees satisfied the requirement of notice to the drawer, and separate individual notices to each trustee were held unnecessary. The analysis applied the vicarious liability principle under Section 141 to a trust as an entity analogous to a company or association, so persons shown to be in charge of and responsible for its business could be proceeded against. Specific pleadings that the trustees were involved in the trust's business and transaction were sufficient at the summoning stage, while objections based on lack of knowledge or due diligence were treated as matters for trial. en-us Wed, 15 May 2024 00:00:00 +0530 Thu, 16 May 2024 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752740 In a cheque dishonour prosecution under the Negotiable Instruments Act, notice addressed to a trust through its trustees satisfied the requirement of notice to the drawer, and separate individual notices to each trustee were held unnecessary. The analysis applied the vicarious liability principle under Section 141 to a trust as an entity analogous to a company or association, so persons shown to be in charge of and responsible for its business could be proceeded against. Specific pleadings that the trustees were involved in the trust's business and transaction were sufficient at the summoning stage, while objections based on lack of knowledge or due diligence were treated as matters for trial. Case-Laws Indian Laws Wed, 15 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752740