Negotiable Instruments Act, 1881 (26 of 1881), Section 138, 141 -- Code of Criminal Procedure, 1973 (2 of 1974), Section 482 -- Quashing of Cheque bounce complaint – Vicarious liability of Manager of company – Cheques were signed and issued by one of the directors -- Petitioner is neither signatory to the cheques in question nor he is drawer of the said cheques -- It is settled position of law that merely being a director or manager of a company is not sufficient to make the person liable u/s 141 of NI Act -- It is necessary to specifically aver in the complaint that the director or the concerned manager was incharge of, or responsible for the conduct of business of company -- In the absence of such averments, he cannot be vicariously held liable for the act/omission committed by the company -- Cheques in question were issued after the resignation of the petitioner was accepted by the Company -- Petitioner was having no connection with the affairs of the Company -- Criminal proceedings quashed.
