https://www.taxtmi.com/caselaws?id=765704 A person who merely handed over a cheque, without being the drawer, signatory, or a person shown to be in charge of the drawer company's business, could not be proceeded against under Section 138 of the Negotiable Instruments Act, 1881. The Delhi HC noted that liability under Section 138 lies with the drawer of the cheque, while Section 141 creates vicarious liability only for those responsible for the company's conduct at the relevant time. As the undisputed material did not satisfy these ingredients against the petitioner, the summoning order and consequential proceedings were quashed qua him. en-us Mon, 03 Feb 2025 00:00:00 +0530 Sat, 08 Feb 2025 09:12:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765704 A person who merely handed over a cheque, without being the drawer, signatory, or a person shown to be in charge of the drawer company's business, could not be proceeded against under Section 138 of the Negotiable Instruments Act, 1881. The Delhi HC noted that liability under Section 138 lies with the drawer of the cheque, while Section 141 creates vicarious liability only for those responsible for the company's conduct at the relevant time. As the undisputed material did not satisfy these ingredients against the petitioner, the summoning order and consequential proceedings were quashed qua him. Case-Laws Indian Laws Mon, 03 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765704