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2023 (7) TMI 1107 - HC - Indian LawsDishonour of Cheque - insufficiency of funds - vicarious liability - it is claimed that petitioner is neither the Director nor the signatory of the opposite party no.2, but the company secretary - HELD THAT:- The petitioner a company secretary not being the signatory to the cheque, was also not involved in running the day to day affairs of the Company. The petitioner was only the company Secretary. The job was to assist the persons involved in running the day to day affairs of the Company - the petitioner is not liable in the present case, there also being no specific averments against her in the petition of complaint. The proceeding under Section 138/141 of the Negotiable Instrument Act, 1881 (as amended up to date) pending before the court of the learned Chief Metropolitan Magistrate at Calcutta, is hereby quashed in respect of only the petitioner, Namarta Vashisht. The trial in respect of the other accused persons to proceed in accordance with law. Revision application allowed.
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