The High Court at Calcutta, in a judgment delivered by Justice Uday Kumar, has ruled that the statutory principle of vicarious liability under Section 141 of the Negotiable Instruments Act, 1881 cannot be invoked against family members of a sole proprietorship concern. The Court held that criminal liability under Section 138 of the Act is
S.141 NI Act Vicarious Liability Does Not Apply To Sole Proprietorships; Non-Signatory Family Members Cannot Be Prosecuted: Calcutta High Court
