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TMI Blog2017 (11) TMI 2048X X X X Extracts X X X X X X X X Extracts X X X X ..... nstruments Act, 1881 - HELD THAT:- This case arise from the Criminal Complaint Case No.153/1/16 wherein petitioner has been impleaded on the allegations that he was a Director of the concerned company and have been participating in day-today affairs of the company. He has taken a plea that he was a nominee independent Director and was not responsible. Petition disposed off. - HON'BLE M ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... omplaints under Section 138 of the Negotiable Instruments Act, 1881 ( the Act , for short) have been filed in the similar facts in respect of different cheques, wherein petitioner has been impleaded as Director of Vasan Health Care Pvt. Ltd., by taking aid of Section 141 of the Act. It is contended that petitioner was an independent non-executive nominee director in the year 2009. He subsequent ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... processes. Thus specific averments are required to be made in the complaint to show that the offence was committed with the knowledge/ consent/ connivance of the Petitioner. 15. Merely because the petitioner is the Director of Sequoia India Investment Holding which finances Vasan Health Care and by virtue thereof is a nominee independent director of Vasan Health Care, he cannot be held to b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rein petitioner has been impleaded on the allegations that he was a Director of the concerned company and have been participating in day-today affairs of the company. He has taken a plea that he was a nominee independent Director and was not responsible. This plea has already been accepted in the above referred cases. For the foregoing reasons, Complaint Case No. 573/1/15 titled PVR Limited vs. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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