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Indian Laws - Highlights / Catch Notes

Home Highlights July 2023 Year 2023 This

Dishonour of Cheque - vicarious liability of director - There ...

Indian Laws

July 3, 2023

Dishonour of Cheque - vicarious liability of director - There are no allegations in the criminal complaints in relation to the petitioners, much-less any specific allegations as to their role in the alleged offence. - In these circumstances, it cannot be said that the petitioners would incur any vicarious liability alongwith the accused company merely because they were directors of the company. - HC

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