Negotiable Instruments Act, 1881 (NI Act) — Sections 138 and 141 — Quashing of criminal proceedings — Vicarious liability of office bearers — For a person other than the drawer or signatory of a dishonoured cheque to be prosecuted under Section 141 of the NI Act, it must be specifically averred in the complaint that such person was in charge of and responsible for the conduct of the business of the company or society at the time the offence was committed.
SUPREME COURT OF INDIA DIVISION BENCH M/S MANSI FINANCE (CHENNAI) LTD. Vs. M. LALITHA AND OTHERS ( Before : Prashant Kumar Mishra and N.V. Anjaria, JJ. ) Criminal Appeal No.…








