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Indian Laws - Highlights / Catch Notes

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Dishonour of Cheque - issuance of summons - vicarious liability ...

Case Laws     Indian Laws

September 25, 2023

Dishonour of Cheque - issuance of summons - vicarious liability of director of company - In the present case, the Ld.MM committed an error by summoning the petitioner, who was not even an Additional Director-Non Executive in the accused company at the time when the cheques were issued and thus was not handling the affairs or the conduct of business of the accused company at the relevant time. - HC

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