https://www.taxtmi.com/caselaws?id=458312 Vicarious criminal liability of directors under Section 141 of the Negotiable Instruments Act depends on whether the accused was in charge of and responsible for the company's business when the offence occurred. A bare averment may be enough to initiate process, but quashing is available where unimpeachable documents show the person had resigned before the cheque was issued and dishonoured and had no role in its issuance. On the materials relied on, the proceedings were quashed against the resigned directors, while the prosecution against the remaining accused continued. en-us Thu, 16 Jul 2020 00:00:00 +0530 Mon, 21 Oct 2024 22:02:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458312 Vicarious criminal liability of directors under Section 141 of the Negotiable Instruments Act depends on whether the accused was in charge of and responsible for the company's business when the offence occurred. A bare averment may be enough to initiate process, but quashing is available where unimpeachable documents show the person had resigned before the cheque was issued and dishonoured and had no role in its issuance. On the materials relied on, the proceedings were quashed against the resigned directors, while the prosecution against the remaining accused continued. Case-Laws Indian Laws Thu, 16 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458312