P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court  ||  Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long  ||  Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo  ||  Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision  ||  Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act  ||  Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself  ||  Supreme Court: Revenue Entries are Admissible as Evidence of Possession  ||  SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings  ||  SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order  ||  NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions    

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 2024 - All Rights Reserved