directors' liability Archives

Calcutta High Court holds Directors liable for dishonored cheque despite company’s “struck-off” status

The Calcutta High Court opined that the trial court failed to consider the provisions of Section 65 which allow for alternate methods of service when due diligence fails.

Case Briefs High Courts

‘Director’s liability without company’s inclusion is unlawful’; Calcutta High Court quashes criminal proceedings due to violation of Section 46B of the Bengal Excise Act, 1909

Calcutta High Court deemed the criminal proceedings an abuse of the process of law and allowed the revisional application.

Case Briefs High Courts

Calcutta High Court upholds accused directors’ liability under Negotiable Instruments Act, 1881; set asides warrant against company for being a juridical person

Calcutta High Court held that a juridical person cannot be physically apprehended, and such an order is not executable.

Case Briefs High Courts

Complaint lacks specific averments to fasten vicarious liability of Company Directors; Bombay High Court quashes order against Raymond CMD

The instant complaint was filed against the Chairman and Managing Director, and eight Directors of Raymond Ltd. after the Inspector of Legal Metrology noticed a fabric package which lacked requisite declarations.