Non-participation in day to day business of the company – No mention that accused was in-charge of the respondent-Company and was responsible for the business and affairs of the company -- Cheque has been issued by other accused, who had already died -- No averment in the complaint that accused was also responsible for the day to day business of the Company -- Director can only be held as liable if he is actively doing and taking part in the business of the company and this fact is to be specifically pleaded in the complaint – Accused has been rightly acquitted by the Court below.
(P&H HC) Decided on: 11.05.2017