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K.K. Ahuja vs V.K. Vora & Anr on 6 July, 2009

21. Thus, as per the position summarized in the above referred case of K. K. Ahuja (supra), if the accused is Managing Director or Joint Managing Director, it is not necessary to make an averments in the complaint to that effect. It would be sufficient to refer that person as a Managing Director or Joint Managing Director of the relevant time since the very effect of the post would make it clear that they were in charge of and are responsible for the company, for the conduct and affairs of the company. In a case, where the Director or an officer of the company who has signed the cheque on behalf of the company, there would not be any need to make any specific averments that they were in charge of and responsible to the company for the conduct of the business of the company nor would necessary to make any specific allegation about consent, connivance or negligence. The very fact that the dishonoured cheque was signed by him on behalf of the company would give rise to the responsibility Page 11 of 13 Downloaded on : Sun Jan 16 19:04:55 IST 2022 R/CR.MA/21367/2019 ORDER DATED: 27/09/2021 under Sub-Section (2) of Section 141 of the NI Act.
Supreme Court of India Cites 29 - Cited by 454 - R V Raveendran - Full Document
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