Cheque Bounce Case Against Company: Basic Averment About Vicarious Liability Sufficient As Complainant May Not Know Exact Role of Directors: HC

Recently, The Karnataka HC ruled that The burden would be on the Board of Directors or persons in charge of the affairs of the Company to show that they are not liable to be convicted. The bench of Justice M. Nagaprasanna was dealing with the petition calling in question proceedings pending before the XX Additional

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