https://www.taxtmi.com/caselaws?id=755315 Vicarious liability under Section 141 of the Negotiable Instruments Act does not arise merely from a director's designation; the complaint must contain specific averments that the accused was in charge of and responsible for the company's business at the relevant time. A quashing petition under Section 482 of the CrPC succeeds only where the accused produces sterling, incontrovertible material showing that continuation of proceedings would be an abuse of process. Here, the complaint alleged that the director was jointly and severally responsible and controlled management, so the ingredients for proceeding were disclosed. The asserted resignation did not displace liability because the cheque dishonour occurred while the petitioner was still a director. en-us Wed, 13 Mar 2024 00:00:00 +0530 Wed, 10 Jul 2024 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755315 Vicarious liability under Section 141 of the Negotiable Instruments Act does not arise merely from a director's designation; the complaint must contain specific averments that the accused was in charge of and responsible for the company's business at the relevant time. A quashing petition under Section 482 of the CrPC succeeds only where the accused produces sterling, incontrovertible material showing that continuation of proceedings would be an abuse of process. Here, the complaint alleged that the director was jointly and severally responsible and controlled management, so the ingredients for proceeding were disclosed. The asserted resignation did not displace liability because the cheque dishonour occurred while the petitioner was still a director. Case-Laws Indian Laws Wed, 13 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755315