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Indian Laws - Highlights / Catch Notes

Home Highlights August 2022 Year 2022 This

Dishonor of Cheque - vicarious liability - rebuttal of ...

Indian Laws

August 2, 2022

Dishonor of Cheque - vicarious liability - rebuttal of presumption - non-Executive Independent Directors - What the High Court overlooked was, the contention of these Appellants that they were non-Executive Independent Directors of the Accused Company, based on unimpeachable materials on record. - there could be no justification for not dispensing with the personal appearance of the Appellants, when the Company had entered appearance through an authorized officer. - SC

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