K.K. AHUJA vs V.K. VORA

The Supreme Court addressed 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 does not suffice to establish criminal liability under Section 138 and Section 420 IPC without specific averments detailing the role of the accused. The High Court's quashing of summons against the Deputy General Manager was upheld due to lack of evidence linking him to the dishonoured cheques.