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    <title>Director vicarious liability requires specific averments; prior revision does not bar inherent jurisdiction under Section 482 CrPC.</title>
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    <description>For vicarious liability of a director under Section 141 of the Negotiable Instruments Act, the complaint must specifically aver that the person was in charge of and responsible for the company&#039;s conduct of business at the relevant time; mere designation as director, or signing board resolutions alone, is insufficient. On that basis, the summoning order and consequential proceedings against the appellant were quashed. The Court also clarified that a prior revision does not, by itself, bar the High Court&#039;s inherent jurisdiction under Section 482 CrPC, which remains available to prevent miscarriage of justice. The High Court&#039;s view that Section 482 could not be invoked after revision was held legally erroneous.</description>
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    <pubDate>Thu, 09 Apr 2026 08:09:11 +0530</pubDate>
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      <title>Director vicarious liability requires specific averments; prior revision does not bar inherent jurisdiction under Section 482 CrPC.</title>
      <link>https://www.taxtmi.com/highlights?id=98585</link>
      <description>For vicarious liability of a director under Section 141 of the Negotiable Instruments Act, the complaint must specifically aver that the person was in charge of and responsible for the company&#039;s conduct of business at the relevant time; mere designation as director, or signing board resolutions alone, is insufficient. On that basis, the summoning order and consequential proceedings against the appellant were quashed. The Court also clarified that a prior revision does not, by itself, bar the High Court&#039;s inherent jurisdiction under Section 482 CrPC, which remains available to prevent miscarriage of justice. The High Court&#039;s view that Section 482 could not be invoked after revision was held legally erroneous.</description>
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