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Directors Not Liable for Cheque Dishonor Without Signature Allegation: Section 141 Negotiable Instruments Act.

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....Dishonor of Cheque - Vicarious liability of Director u/s 141 of NI Act - it not being a case of the complainant that the petitioners were the signatories to the cheques in question, the order summoning them as accused merely on the allegations that they were “the directors” in the company accused at the relevant point of time is bad in law....

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Directors Not Liable for Cheque Dishonor Without Signature Allegation: Section 141 Negotiable Instruments Act.