Supreme Court · 2007 INSC 41 · Decided 16 January 2007
Saroj Kumar Poddar v. State (Nct of Delhi) & ANR.
- Court
- Supreme Court of India
- Citation
- 2007 INSC 41 · [2007] 1 S.C.R. 907
- Case number
- CRIMINAL APPEAL No. 70/2007
- Decided
- 16 January 2007
- Bench
- S.B. SINHA, MARKANDEY KATJU (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Criminal
- Acts & sections cited
- NI Act Section 138, 141; Companies Act
Headnote
B Negotiable Instruments Act; ss. 138 and I 4 I: Dishonour of Cheque-Vicarious liability of director for commission of offences on the part of a Company-Held: Director liable only in the event condition precedent therefor in s. I 41 of the Act satisfied-Cheques C in question not issued by responsible for the conduct of business of company-Specific allegation requires to be made against the Director to make him vicariously liable in terms of provisions of law -Al/egationlaverments in the petition do not disclose any offence as against the appellant, Director-Proceedings against him,
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