Analysis of Vicarious Liability under Section 141 of the NI Act in Partnership Firms: Liability in Cheque Bounce Cases

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..... ion 141 of the Negotiable Instruments Act, 1881 (NI Act), particularly focusing on the liability of individuals in a partnership firm for offences under Section 138 . The appeal was brought forward by an individual (appellant) against a previous High Court order that refused to quash a criminal complaint against him. The complaint was based on a cheque bounce case where the appellant was a for .....

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..... he Complaint : The court scrutinized whether the complaint against the appellant satisfied the mandatory requirements under Section 141(1) of the NI Act . This involved assessing if the appellant was in charge of and responsible for the conduct of the firm s business when the offence occurred. The court, after examining the arguments and the cited legal precedents, concluded that the co .....

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