Dishonor of Cheque - Vicarious liability on the Director of the ...

Indian Laws

January 7, 2022

Dishonor of Cheque - Vicarious liability on the Director of the company - involvement of the director (respondent No. 2) in the affars of the company or not - no material has been placed on record, much less of incontrovertible or unimpeachable nature, to establish that respondent No. 2 was in fact not responsible for the day-to-day affairs of the accused company. Rather, despite the legal notice having been issued to respondent No. 2 as well, no reply was furnished on her behalf to the effect that she was not in-charge of or responsible to the accused company for the conduct of its business at the relevant time. - no ground for quashing of the summoning order - HC

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Dishonor of Cheque - Vicarious liability on the Director of the ...

Indian Laws

January 7, 2022

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