Bombay High Court Quashes Criminal Proceedings Against Directors in Cheque Dishonour Case Due to Lack of Vicarious Liability. Directors Not in Charge of Conduct of Business at Relevant Time, Proceedings Under Section 138 of Negotiable Instruments Act, 1881 Not Maintainable....
The petitioners, Satish Panchariya, Arun Panchariya, and Sanjay Tripathi, were directors of a company. They filed a petition under Article 226 of the Constitution of India read with Section 482 of the...




