Analysis of Vicarious Liability under Section 141 of the NI Act in Partnership Firms: Liability in Cheque Bounce Cases

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e Negotiable Instruments Act, 1881 (NI Act), particularly focusing on the liability of individuals in a partnership firm for offences under Section 138. The appeal was brought forward by an individual (appellant) against a previous High Court order that refused to quash a criminal complaint against him. The complaint was based on a cheque bounce case where the appellant was a former partner in the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... her the complaint against the appellant satisfied the mandatory requirements under Section 141(1) of the NI Act. This involved assessing if the appellant was in charge of and responsible for the conduct of the firm's business when the offence occurred. The court, after examining the arguments and the cited legal precedents, concluded that the complaint's averments were insufficient to establi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X