A Director, MD or Chairman can be made an accused along with Company only if there is sufficient material to prove his active role coupled with criminal intent: Allahabad HC

The Allahabad HC on Thursday stated that a Director, MD or Chairman can be made an accused along with Company only if there is sufficient material to prove his active role coupled with criminal intent. The bench of Justice Shamim Ahmed was dealing with the application filed for quashing of the FIR registered U/s 406,

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