Dishonor of Cheque - vicarious criminal liability of a partner - ...

Vicarious Liability for Cheque Dishonor Requires Firm to be Primary Offender u/s 141; Partners Not Liable Otherwise.

May 11, 2022

Case Laws Indian Laws SC

Dishonor of Cheque - vicarious criminal liability of a partner - partnership firm is not an accused tried for the primary/substantive offence - The provisions of Section 141 impose vicarious liability by deeming fiction which presupposes and requires the commission of the offence by the company or firm. Therefore, unless the company or firm has committed the offence as a principal accused, the persons mentioned in sub-section (1) or (2) would not be liable and convicted as vicariously liable. - SC

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Dishonor of Cheque - vicarious criminal liability of a partner - ...

Vicarious Liability for Cheque Dishonor Requires Firm to be Primary Offender u/s 141; Partners Not Liable Otherwise.

May 11, 2022

Case Laws Indian Laws SC

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