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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - Vicarious criminal liability u/s 141 NI ...

Indian Laws

January 29, 2019

Dishonor of Cheque - Vicarious criminal liability u/s 141 NI Act, 1881 - the petitioners concededly being non-executive directors, in absence of any further averments as to their role in the company at the time of commission of the offences, the presumption u/s 141 NI Act cannot be raised against them.

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