Dishonor of Cheque - insufficiency of funds - vicarious ...

Non-executive directors face trial over cheque dishonor; vicarious liability questioned due to unclear director roles.

June 6, 2022

Case Laws Indian Laws HC

Dishonor of Cheque - insufficiency of funds - vicarious liability - petitioners are Non-executive Independent Directors of the Company - The phrase "non-executive independent director" is not even shown to exist in any of the documents appended by the petitioners. The respondent has demonstrated varied nomenclature of the petitioners in several documents. Therefore, it becomes a matter of trial. - HC

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Dishonor of Cheque - insufficiency of funds - vicarious ...

Non-executive directors face trial over cheque dishonor; vicarious liability questioned due to unclear director roles.

June 6, 2022

Case Laws Indian Laws HC

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