Bombay High Court Quashes Criminal Proceedings Against Bank Officials in Cheque Dishonour Case Due to Lack of Vicarious Liability. Directors/Officers Not Liable for Offences Under Section 138 of Negotiable Instruments Act, 1881 Without Specific Allegations of Role in Transaction.
8 Mar 2016The case involves three criminal writ petitions filed by directors and officers of the Sangli District Primary Teachers Co-operative Bank Ltd. seeking...




