Negotiable Instruments Act, 1881 , S. 141 – Vicarious liability – For making a Director of a Company liable for the offences committed by the Company under Section 141 of the Act, there must be specific averments against the Director showing as to how and in what manner the Director was responsible for the conduct of the business of the Company – To fasten vicarious liability under Section 141 of the Act on a person, the complainant should specifically show as to how and in what manner the accused was responsible – Simply because a person is a Director of defaulter Company, does not make him liable under the Act – Time and again, it has been asserted by this Court that only the person who was at the helm of affairs of the Company and in charge of and responsible for the conduct of the business at the time of commission of an offence will be liable for criminal action. Pooja Ravinder Devidasani v. State of Maharashtra & Ors. AIR 2015 SC 675 , referred.
.Ashoke Mal Bafna v. M/s. Upper India Steel Mfg. & Engg. Co. Ltd, 2017 PLRonline 0102