The Calcutta High Court has ruled that a company director cannot be held vicariously liable for a dishonored cheque under Section 141 of the Negotiable Instruments Act, 1881, solely by virtue of their designation. Deciding a revisional application, Justice Shampa Dutt (Paul) quashed the criminal proceedings pending against petitioner Sanjeeva Shukla (also known as Sanjiv
Vicarious Liability Under Section 141 NI Act Requires Specific Role Pleadings; Calcutta HC Quashes Case Against Director
