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Non-executive and independent director(s) cannot be held liable under Section 138 read with Section 141 of the NI Act unless specific allegations demonstrate their direct involvement in affairs of the company at the relevant time. The mere fact that Appellant(s) attended board meetings does not suffice to impose financial liability on the Appellant(s), as such attendance does not automatically translate into control over financial operations.
Read MoreWhile gender is not a rescue for poor performance, it is a critical consideration which must weigh for holistic decision-making at certain times and stages of a woman judicial officer. The Apex Court set aside the termination orders of the women Judicial officers.
Read MoreThe CDJ Law Journal established in the year 2000 started to publish THE COMPLETE DIGITAL JUDGMENTS (CDJ) consisting of all the reportable judgments of Supreme Court of India and various Indian High courts and Foreign Courts daily through website, www.cdjlawjournal.com .
CDJ Law Journal is the No. 1 Internet based Law Reporter in India which provides to its subscribers the Current & Old Judgments of Supreme Court of India, All Indian High Courts, Various Tribunals, Privy Council & Foreign Courts. Started in the year 2000.
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The CDJ Law Journal established in the year 2000 started to publish THE COMPLETE DIGITAL JUDGMENTS (CDJ) consisting of all the reportable judgments of Supreme Court of India and various Indian High courts and Foreign Courts daily through website, www.cdjlawjournal.com .
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