The Supreme Court of India has ruled that vicarious criminal liability under Section 141 of the Negotiable Instruments Act, 1881 (NI Act) cannot be fastened on an individual merely by virtue of them holding an official designation or position in a society. In the judgment of M/S Mansi Finance (Chennai) Ltd. v. M. Lalitha and
NI Act Liability Cannot Be Fastened Merely by Designation as Society Office Bearer: Supreme Court
