Search Results Page

Search Results

1 - 10 of 29 (0.36 seconds)

State Of Haryana vs Brij Lal Mittal & Ors on 30 April, 1998

The Supreme Court in the said judgment noticed that except a bald statement that the accused were directors of the manufacturing company, there was no other allegation to indicate that even at that time they were in charge of the company and also responsible to the company for the conduct of its business. In the circumstances, the prosecution against them was quashed.
Supreme Court of India Cites 11 - Cited by 274 - M K Mukherjee - Full Document

Avon Industries Ltd. vs Integrated Finance Company Ltd. on 30 January, 2001

22. In my considered opinion, the contention of the respondent that every managing director, joint managing director and executive director are vicariously liable for the commission of the offence by the company under Section 138 of the Act, is not correct. The judgment in Avon Industries Ltd.'s case [2001] 105 Comp Cas 259 ; [2001] 1 ALD (Crl.) 461 (AP) is not an authority for any such proposition as is sought to be contended by learned counsel for the first respondent-complainant. This court having perused the complaint in the said case came to the conclusion that the managing director, joint managing director and executive director of the accused-company therein were in charge of and responsible for the business of the accused-company and the same could be discernible from the averments made in the complaint, itself, though there were no specific averments in the petition against them. In the light of the averments made in the said complaint, the court observed that the managing director, joint managing director and executive director of the accused-company therein were responsible for the business of the company.
Andhra HC (Pre-Telangana) Cites 38 - Cited by 3 - Full Document
1   2 3 Next