https://www.taxtmi.com/caselaws?id=774628 Calcutta HC dismissed appeal against acquittal in dishonour of cheque case. Court held that vicarious liability of partners under section 141 NI Act requires prior conviction of partnership firm under section 138. Since partnership firm was acquitted, partner cannot be held vicariously liable for same offence. Liability of persons under section 141 is co-extensive with firm's liability. Acquittal orders should not be reversed on mere difference of opinion without illegality or perversity. en-us Wed, 02 Jul 2025 00:00:00 +0530 Sat, 12 Jul 2025 08:40:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774628 Calcutta HC dismissed appeal against acquittal in dishonour of cheque case. Court held that vicarious liability of partners under section 141 NI Act requires prior conviction of partnership firm under section 138. Since partnership firm was acquitted, partner cannot be held vicariously liable for same offence. Liability of persons under section 141 is co-extensive with firm's liability. Acquittal orders should not be reversed on mere difference of opinion without illegality or perversity. Case-Laws Indian Laws Wed, 02 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774628