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Aneeta Hada vs M/S Godfather Travels & Tours Pvt.Ltd on 8 May, 2008

59. In view of our aforesaid analysis, we arrive at the irresistible conclusion that for maintaining the prosecution under Section 141 of the Act, arraigning of a company as an accused is imperative. The other categories of offenders can only be brought in the dragnet on the touchstone of vicarious liability as the same has been stipulated in the provision itself. We say so on the basis of the ratio laid down in C.V. Parekh which is a three-Judge Bench decision. Thus, the view expressed in Sheorathan Agarwal does not correctly lay down the law and, accordingly, is herby overruled. The decision in Anil Hada is overruled with the qualifier as stated in para 51. The decision in Modi Distillery has to be treated to be restricted to its own facts as has been explained by us hereinabove."
Supreme Court of India Cites 60 - Cited by 699 - S B Sinha - Full Document

Aneeta Hada vs M/S Godfather Travels & Tours Pvt.Ltd on 27 April, 2012

9. The company can have criminal liability fastened on it, and if a group of persons that guide the business of the companies have the criminal intent, that would be imputed to the body corporate. On a reference to the larger Bench in Aneeta Hada versus Godfather Travels and Tours, (P) Ltd., (2012) 5 SCC 661, three judges of the Supreme Court examined this preposition and observed that Section 141 of the Act clearly stipulates that when a person which is a company commits an offence, then certain categories of persons in charge as well as the company would be deemed to be liable for the offences under Section 138.
Supreme Court of India Cites 61 - Cited by 350 - D Misra - Full Document
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