TMI BlogDishonor of Cheque - vicarious liability of Directors in the company - There is no specific averment in...Dishonor of Cheque - vicarious liability of Directors in the company - There is no specific averment in the complaint to the effect that the petitioners who are all the directors of the company are in charge of and responsible for the conduct of the business of the company. Merely saying that they are directly involved in the affairs of the company is not sufficient. Being a director of the company, he may be involved in the affairs of the company as attending the meeting of the Board of Directo..... ..... X X X X Extracts X X X X X X X X Extracts X X X X
|