The High Court at Calcutta has held that an individual cannot be prosecuted or held vicariously liable for the dishonour of a cheque under Section 141 of the Negotiable Instruments Act, 1881 merely by virtue of holding the office of a Director in an accused company. Deciding a revisional application, Justice Shampa Dutt (Paul) ruled
Director Cannot Be Prosecuted for Cheque Dishonour Merely by Virtue of Office; Complaint Must Disclose Specific Role: Calcutta High Court
