https://www.taxtmi.com/caselaws?id=466628 Corporate complaints under the Negotiable Instruments Act must be instituted and prosecuted by a person whose authority is traceable to the company's governing body. Although a company may act through a natural person and may later ratify a defect in representation, authority must be established once challenged. Where the power to commence or prosecute proceedings rests with the directors, delegation to a power of attorney holder requires a Board resolution. A chairman's letter of authorisation or power of attorney, without Board-sanctioned delegation, is insufficient. Lack of proper authority invalidates the prosecution and results in acquittal of the accused. en-us Tue, 28 Oct 2014 00:00:00 +0530 Sat, 14 Feb 2026 20:05:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466628 Corporate complaints under the Negotiable Instruments Act must be instituted and prosecuted by a person whose authority is traceable to the company's governing body. Although a company may act through a natural person and may later ratify a defect in representation, authority must be established once challenged. Where the power to commence or prosecute proceedings rests with the directors, delegation to a power of attorney holder requires a Board resolution. A chairman's letter of authorisation or power of attorney, without Board-sanctioned delegation, is insufficient. Lack of proper authority invalidates the prosecution and results in acquittal of the accused. Case-Laws Indian Laws Tue, 28 Oct 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466628