Supreme Court of India
S.K. Alagh v. State of U.P. & Ors.
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6 Supreme Court benches have cited this judgment.
From the headnote
Penal Code, 1860 - s. 406 - Offence of criminal breach of trust - Vicarious liability of Managing Director/Employee of c Company - Held: For offence of criminal breach of trust vicarious liability is not extendable to the Directors or officers of the Company - The provision does not contemplate creation of such legal fiction - Vicarious liability. Respondent No. 2 was proprietor of a firm, which was wholesale.dealer of a Company. He filed complaint against the appellant (Managing Director of the Company) u/s 406 IPC alleging that the firm had issued demand drafts in favour of the Company
Authorities it was built on
Where later benches applied it
- 2016 Hdfc Securities Ltd. & Ors. v. State of Maharashtra & Anr.
- 2022 S. P. Mani and Mohan Dairy v. Dr.snehalatha Elangovan
- 2021 Kapil Agarwal and Others v. Sanjay Sharma and Others
- 2015 Sharad Kumar Sanghi v. Sangita Rane
- 2015 Sunil Bharti Mittal v. Central Bureau of Investigation
- 2013 M/s. Ghcl Employees Stock Option Trust v. M/s India Infoline Limited
Of those, 1 relied on · 4 referred to · 1 mentioned
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