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Indian Laws - Highlights / Catch Notes

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Dishonor of Cheque - vicarious liability of Director - the ...

Indian Laws

September 17, 2020

Dishonor of Cheque - vicarious liability of Director - the petitioner is being implicated as third accused who is inducted as Non Executive Director of the first accused company, therefore the petitioner is not being made responsible for the day to day affairs of the company and she cannot be held liable vicariously for the offence committed by the company. - HC

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