Supreme Court · 2006 INSC 601 · Decided 13 September 2006

Sabitha Ramamurthy and ANR. v. R.B.S. Channabasavaradha

Court
Supreme Court of India
Citation
2006 INSC 601 · [2006] SUPP. 6 S.C.R. 126
Case number
CIVIL APPEAL No. 950/2006
Decided
13 September 2006
Bench
S.B. SINHA, DALVEER BHANDARI (2-judge bench)
Outcome
Appeal(s) allowed
Case type
Civil
Acts & sections cited
CrPC Section 482, 200; NI Act Section 138to141, 138, 141; Companies Act

Headnote

Negotiable Instruments Act, 1881-Sections 138 to 141-Dishonour of cheque issued on behalf of company-Complaint petition uls.138 not stating C that accused-directors were in charge of business of the company-liability of accused-directors under S.141-Held: Merely being a director of a company is aver that at the time of commission of offence, accused were in charge oj and responsible for the conduct of business of the company-­ Liability-Vicarious liability. D The K Company had borrowed a sum of money from the respondent. Towards payment of the said loan, the appellants

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