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Indian Laws - Highlights / Catch Notes

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Dishonour of Cheque - vicarious liability - If the petitioner ...

Case Laws     Indian Laws

December 22, 2023

Dishonour of Cheque - vicarious liability - If the petitioner was not responsible for affairs of the accused no. 1 despite being promoted as Additional Director of the accused no. 1, it can only be established and proved in accordance with law during the trial of the complaint under section 138 of NI Act. The petitioner has not placed or submitted any document which can reflect that the petitioner has never participated in conduct of business of the accused no. 1. - HC

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