https://www.taxtmi.com/caselaws?id=473007 Vicarious liability under Section 141 of the Negotiable Instruments Act requires pleaded averments that an accused was, at the time of the offence, both in charge of and responsible for the entity's business conduct. These conditions are conjunctive. Allegations merely asserting that all accused knowingly issued a cheque from a blocked account do not establish this statutory basis for non-signatory office-bearers. Without specific averments satisfying both conditions, non-signatory office-bearers cannot be prosecuted for the entity's cheque-related offence. en-us Fri, 28 Jun 2024 00:00:00 +0530 Sat, 31 Oct 2026 13:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=473007 Vicarious liability under Section 141 of the Negotiable Instruments Act requires pleaded averments that an accused was, at the time of the offence, both in charge of and responsible for the entity's business conduct. These conditions are conjunctive. Allegations merely asserting that all accused knowingly issued a cheque from a blocked account do not establish this statutory basis for non-signatory office-bearers. Without specific averments satisfying both conditions, non-signatory office-bearers cannot be prosecuted for the entity's cheque-related offence. Case-Laws Indian Laws Fri, 28 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=473007