IN THE HIGH COURT AT CALCUTTA
KRISHNA RAO
Rekha Malhotra – Appellant
Versus
State of West Bengal – Respondent
JUDGMENT :
KRISHNA RAO, J.
1. This in an application under Section 482 of the Criminal Procedure Code, 1973 filed by the petitioners (Accused persons) for quashing of the entire proceeding being Complaint Case No. C-824 of 2011 pending before the Learned 4th Metropolitan Magistrate at Calcutta under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881 (As amended till date) and all orders passed thereunder.
2. The matter was taken up for hearing on 21st November, 2025 but none appears on behalf of the opposite parties and no accommodation is prayed for, accordingly, the matter is taken up for hearing in the absence of the opposite party. The application is pending since the year 2012.
3. The complainant, namely, Mrs. Shweta Singhania has filed the complaint being Complaint Case No. C-824 of 2011 before the Learned Additional Chief Metropolitan Magistrate at Calcutta in the month of November, 2011 against the petitioners for the alleged offence under Section 138 of the Negotiable Instruments Act read with Section 141 of the said Act. Thereafter the case was transferred before the Learned 4th Metropolitan Magistrate at Calcutta for disposal. On the basis of the afore
Directors can only be held vicariously liable under Section 141 of the Negotiable Instruments Act if specific averments are made in the complaint regarding their responsibility for the company's cond....
Specific averments regarding a director's responsibility for a company's conduct are essential for vicarious liability under Section 141 of the Negotiable Instruments Act.
Specific averments regarding a director's role and responsibility are essential for vicarious liability under Section 141 of the N.I. Act; mere designation is insufficient.
Specific averments are necessary to establish the liability of a Director under Section 141 of the Negotiable Instruments Act; mere designation is insufficient.
Dishonour of cheque – Offence by company – For maintaining prosecution under Section 141 of NI Act, arraigning of company as an accused is imperative and non-impleadment of company would be fatal for....
Non-Executive Directors cannot be held liable under Section 141 of the Negotiable Instruments Act without specific averments demonstrating their involvement in the company's day-to-day affairs.
The main legal point established in the judgment is the necessity of arraigning the company as an accused for maintaining the prosecution under Section 141 of the NI Act, and the requirement of speci....
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