If One of the Directors Allegedly Committed Fraud or Cheating, Employees of Bank Could Not Be Held Liable, If They Had Acted Bona Fide and Followed the Due Procedure: Supreme Court

Recently, The Supreme Court stated that if one of the Directors allegedly committed fraud or cheating, employees of bank could not be held liable, if they had acted bona fide and followed the due procedure. The bench of Justices Ajay Rastogi and Bela M. Trivedi was dealing with the appeal challenging the Judgment and Order

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