Appeals, Revision & Quashing Remedies: Vicarious Liability of Directors under Section 141 NI Act in Corporate Cheque Bounce
Proving in-charge and responsible status for the conduct of company affairs at the time of offence. An in-depth analysis of Section 141, Negotiable Instruments Act 1881 considering SMS Pharmaceuticals Ltd v. Neeta Bhalla (2005) 8 SCC 89; Sunita Palita (2022) 10 SCC 152. Formulated by Supreme Court & High Court advocates for legal practitioners and corporate counsels.