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Cheque Dishonour | No Vicarious Liability On Directors If Company Acquitted Of Offence Under NI Act: Kerala High Court

Published: November 29, 2023

The Kerala High Court recently held that the directors of a company are not liable to be convicted for an offence under Section 138 ('Dishonour of Cheque') of the Negotiable Instruments Act ('NI Act')...

Source: livelaw.in

Related Topics:

Justice Sophy ThomasSiby ThomasRenjith GeorgeAppellate CourtSomany Ceramics LtdKerala High CourtNegotiable Instruments ActManaging DirectorOmnitech Information SystemsTours Private LtdCeramics LtdRevision PetitionerPublic Prosecutor RenjithErala HcNegotiable Instruments ActSection 138 Ni ActVicarious LiabilitySection 141 Ni ActJustice Sophy Thomas