Mere Allegation of Involvement in ‘Day-to-Day Business Activities’ Insufficient for Vicarious Liability Under Sec 141 NI Act: Delhi High Court

The Delhi High Court has quashed a summoning order and criminal complaint against an individual in a cheque bounce case, observing that mere bald allegations of being involved in “day-to-day business activities” are insufficient to attract vicarious liability under Section 141 of the Negotiable Instruments (NI) Act, 1881, especially when the person holds no formal

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