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Indian Laws - Highlights / Catch Notes

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Offence u/s 138 - Cheque bounce - Vicarious liability in case of ...


Section 138: Clarifying Vicarious Liability in Cheque Bounce Cases Within Companies.

June 20, 2016

Case Laws     Indian Laws     HC

Offence u/s 138 - Cheque bounce - Vicarious liability in case of a company - No doubt the law makes the principal liable for the acts of his agent, but unless there is some absolute duty cast upon the principal, he cannot be held responsible for the acts of his agent. - HC

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