Supreme Court of India

Himanshu v. B. Shivamurthy & Anr.

Neutral citation
Bench Dr. Dhananjaya Y Chandrachud and Hemant Gupta JJ.
Decided 17 January 2019

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

4 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the considered opinion that commission of offence by the company is an express condition precedent to attract the vicarious liability of others.

Judgment, page 6

From the headnote

Negotiable Instruments Act, 1881 – s.141 and Proviso to s.138 – Maintainability of Complaint – When cheque was drawn by a person as a director of a Company – Appellant borrowed a sum of money from respondent and issued a cheque – When cheque was presented in the bank for encashment, it was returned with the endorsement that funds were insufficient – Respondent issued notice to the appellant – Upon the failure of the appellant to pay the amount due under the cheque, a complaint was instituted – Appellant filed petition u/s. 482 of the Cr.P. . to quash the complaint – Appellant contended that…

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