K.K. Ahuja vs V.K. Vora & Anr

The Supreme Court examined the interpretation of 'persons in-charge of, and responsible to the company for the business of the company' under Section 141 of the Negotiable Instruments Act, 1881. The Court held that mere involvement in financial dealings is insufficient to establish criminal liability under Section 138 and Section 141; specific averments regarding the role of accused individuals are necessary. The Court overturned the High Court's decision to quash the summons against the Deputy General Manager, emphasizing that the complaint's allegations warranted further examination at trial.