Supreme Court of India · 2007-03-09
N.K. WAHI vs SHEKHAR SINGH .
- Citation / case number
- SC 2002/22653
- Court
- Supreme Court of India
- Petitioner
- N.K. WAHI
- Respondent
- SHEKHAR SINGH .
- Author
- ARIJIT PASAYAT
- Bench
- ARIJIT PASAYAT & LOKESHWAR SINGH PANTA
Judgment text excerpt
The Supreme Court addressed the appeal against the Delhi High Court's order quashing proceedings under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881. The Court held that the High Court erred in finding insufficient evidence to establish the respondents' roles as Directors or responsible persons for the company's conduct. The Court emphasized that under Section 141, individuals in charge of a company at the time of the offence are liable, and the dismissal of the complaint was not justified given the evidence presented.