TMI BlogDishonor of Cheque - insufficient funds - vicarious liability of the petitioner u/s 141 of NI Act after...Dishonor of Cheque - insufficient funds - vicarious liability of the petitioner u/s 141 of NI Act after tendering such resignation - the complainant should specifically state as to how and in what manner the accused was responsible - petitioner tendered resignation on 13th March, 2020, and the company in its meeting of Board of directors took the decision on 22nd November, 2021 yet such aspect is inconsequential - A bald cursory statement in a complaint that the Director (arrayed as an accused) ..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
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