Supreme Court · 2005 INSC 432 · Decided 20 September 2005

S.M.S. Pharmaceuticals LTD v. Neeta Bhalla and ANR.

Court
Supreme Court of India
Citation
2005 INSC 432 · [2005] SUPP. 3 S.C.R. 371
Case number
CRIMINAL APPEAL No. 664/2002
Decided
20 September 2005
Bench
Y.K. SABHARWAL, ARUN KUMAR, B.N. SRIKRISHNA (3-judge bench)
Outcome
Reference answered
Case type
Criminal
Acts & sections cited
NI Act Section 138, 141

Headnote

Negotiable Instruments Act, 1881-Sections 138 and 141-Dishonour of cheques-Offences by companies-Prosecution against officers who were A B in charge of and responsible for conduct of business-Reference to Larger C Bench-Whether specific averments are necessary in a complaint against a person of the company-Whether a Director of a company can be deemed to be held liable-Whether a signatory of a cheque and/or Managing Director of the Company can be deemed to be held liable-Held, specific averments against a person are necessary in a complaint-Director of a company cannot D be

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