Vicarious liability upon Non executive Director of the Company ...

Supreme Court: Halting criminal proceedings against non-executive directors for cheque dishonor u/s 138 is crucial to prevent abuse.

December 30, 2014

Case Laws Companies Law SC

Vicarious liability upon Non executive Director of the Company in case of dishonor of cheques - Continuation of the criminal proceedings against the appellant under Section 138 read with Section 141 of the N.I. Act is a pure abuse of process of law and it has to be interdicted at the threshold. - SC

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Vicarious liability upon Non executive Director of the Company ...

Supreme Court: Halting criminal proceedings against non-executive directors for cheque dishonor u/s 138 is crucial to prevent abuse.

December 30, 2014

Case Laws Companies Law SC

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