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2017 (11) TMI 2048 - HC - Indian LawsDishonour of Cheque - vicarious liability of independent non-executive nominee director - petitioner resigned from the company in the year 2015 - Section 141 of Negotiable Instruments Act, 1881 - HELD THAT:- This case arise from the Criminal Complaint Case No.153/1/16 wherein petitioner has been impleaded on the allegations that he was a Director of the concerned company and have been participating in day-today affairs of the company. He has taken a plea that he was a nominee independent Director and was not responsible. Petition disposed off.
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