https://www.taxtmi.com/highlights?id=98117 Liability under Section 141 of the Negotiable Instruments Act cannot be fastened merely because a person is designated as a director; the complaint must contain specific averments showing how and in what manner the accused was in charge of and responsible for the company's business at the relevant time. General allegations that directors handled day-to-day affairs were insufficient where the accused was a non-executive independent director, was not a signatory to the dishonoured cheques, and no direct nexus with the transactions was pleaded. The summoning orders and criminal proceedings were quashed qua the petitioner. en-us Fri, 27 Mar 2026 08:52:56 +0530 Fri, 27 Mar 2026 08:52:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=98117 Liability under Section 141 of the Negotiable Instruments Act cannot be fastened merely because a person is designated as a director; the complaint must contain specific averments showing how and in what manner the accused was in charge of and responsible for the company's business at the relevant time. General allegations that directors handled day-to-day affairs were insufficient where the accused was a non-executive independent director, was not a signatory to the dishonoured cheques, and no direct nexus with the transactions was pleaded. The summoning orders and criminal proceedings were quashed qua the petitioner. Highlights Indian Laws Fri, 27 Mar 2026 08:52:56 +0530 https://www.taxtmi.com/highlights?id=98117