RAGHU LAKSHMINARAYANAN vs M/S. FINE TUBES

The Supreme Court upheld the application of Section 138 of the Negotiable Instruments Act, affirming that the accused, described as 'in charge, manager, director' of the company, could be held liable for the dishonor of a cheque. The Court clarified that the mere designation of an employee does not exempt them from liability if they are involved in the day-to-day operations of the company. The appeal to quash the summons was dismissed, reinforcing the principle that factual disputes regarding responsibility must be resolved at trial.