HC explains when Cheque Bounce case against Director/Partner can be quashed

S.P. Mani And Mohan Dairy Vs Dr. Snehalatha Elangovan (Supreme Court of India) Conclusion: Vicarious liability can be fastened on those who were in-charge of and responsible to the company or firm for the conduct of its business. Supreme Court observed that a High Court can quash a cheque case only if it comes across some unimpeachable and incontrovertible evidence to indicate that the Director/partner of a firm could not have been concerned with the issuance of cheques. Held: Appellant herein (original complainant) was engaged in the business of milk and milk products. The respondent was ...