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Offence u/s 138 - Cheque bounce - Vicarious liability in case of a company - No doubt the law makes the principal liable for the acts of his agent, but unless there is some absolute duty cast upon the principal, he cannot be held responsible for the acts of his agent. - HC

Allied Laws - Offence u/s 138 - Cheque bounce - Vicarious liability in case of a company - No doubt the law makes the principal liable for the acts of his agent, but unless there is some absolute duty cast upon the principal, he cannot be held responsible for the acts of his agent. - HC - TMI Updates - Highlights .....

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