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Supreme Court of India

National Small Industries Corp. Ltd. v. Harmeet Singh Paintal and Anr.

Neutral citation
Reported as [2010] 2 S.C.R. 805
Bench P. Sathasivam and H.L. Dattu JJ.
Decided 15 February 2010

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

27 Supreme Court benches have cited this judgment.

From the headnote

Negotiable Instruments Act, 1881: ss.138, 141 - Vicarious liability of Directors of a Company - Held: Director of a Company who is not in-charge of and is not responsible for the conduct of the business of the company would not be liable for a criminal offence under s.138 - s.141 is a penal provision creating vicarious liability, and must be strictly construed - Complaint under s. 138 must spell out as to how and in what manner the accused-director was in-charge of or was responsible to the accused company for the conduct of its business - If averments made against accused-Directors are

Authorities it was built on

Where later benches applied it

Of those, 9 relied on · 1 distinguished · 5 referred to · 12 mentioned

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