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Indian Laws - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

Liability of applicant, Special Director of the accused company ...


Court Rules Special Director Not Liable for Cheque Dishonor; No Vicarious Liability u/s 138.

December 22, 2017

Case Laws     Indian Laws     HC

Liability of applicant, Special Director of the accused company - dishonour of the cheques - No vicarious liability can be fastened on the applicant herein, he being appointed as a Special Director by the Board for Industrial And Financial Reconstruction. - HC

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