Supreme Court: Wait-Listed Candidates Have No Vested Right After List Expiry  ||  SC: Reserved Candidates Scoring Above General Cut-Off Must be Considered For Open Posts  ||  SC: AICTE Regulations Do Not Govern Direct Recruitment of Engineering Professors by State PSCs  ||  Supreme Court: High Courts To Decide Article 226(3) Applications Within Two Weeks  ||  SC: State Agencies are Competent To Probe Corruption Cases Against Central Government Officers  ||  Allahabad High Court: Wife May Claim Education Expenses; Adverse Inference If Husband Hides Income  ||  Patna High Court: Cruelty Claims Against In-Laws are Unlikely Without Shared Residence or Interaction  ||  Patna HC: Aadhaar and GPS-Based Attendance For Medical College Faculty Does Not Violate Privacy  ||  Allahabad HC: Victim Compensation under POCSO Act Cannot be Withheld For Lack of Injury Report  ||  MP HC: Diverting Goods From Delivery Point is Misappropriation under S.407 IPC    

SC: Directors Can’t be Vicariously Liable for Offence of Company Unless their Involvement Shown - (03 Aug 2024)

COMPANY

Supreme Court has held that directors of a company cannot be made vicariously liable for offence committed by the company under the National Housing Bank Act, 1987 unless specific averments that the directors were responsible for the business of the company at the time of the offence, are made.

Tags : SUPREME COURT   VICARIOUSLY LIABLE   DIRECTORS  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved