Supreme Court · 2025 INSC 759 · Decided 22 May 2025
Hdfc Bank Limited v. State of Maharashtra and ANR.
- Court
- Supreme Court of India
- Citation
- 2025 INSC 759 · [2025] 5 S.C.R. 2162
- Case number
- CRIMINAL APPEAL No. 2843/2025
- Decided
- 22 May 2025
- Bench
- MANOJ MISRA, K.V. VISWANATHAN (2-judge bench)
- Outcome
- Case Allowed
- Case type
- Criminal
- Acts & sections cited
- NI Act Section 141, 138
Headnote
Issue arose whether the High Court was justified in quashing the complaint insofar as respondent no.2-director of the company on the ground that necessary averments to invoke the vicarious liability against the respondent no.2 u/s.141 NI Act were lacking. - ss.141, 138 - Offence by companies - Vicarious liability - Necessary averments - Accused no.1 company along with respondent no.2 and other two directors approached the appellant-complainant for grant of credit facility for the working capital requirements -
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