Tag: Bombay High Court

Cheque Bounce Case: Supreme Court  Reinstates Case Against Director in ₹6 Crore Cheque Dishonour Case
Supreme Court

Cheque Bounce Case: Supreme Court Reinstates Case Against Director in ₹6 Crore Cheque Dishonour Case

The Supreme Court clarified that for vicarious liability under Section 141 of the Negotiable Instruments Act, complaints need not reproduce statutory language verbatim. Substantive allegations demonstrating a director's responsibility for company affairs suffice. The Court emphasized substance over form, ruling that technical pleading deficiencies don't invalidate proceedings if the complaint, read holistically, establishes the director's operational role. The judgment reinstated criminal proceedings against the director, overturning the High Court's quashing order. Facts Of The Case: The case involved a complaint filed by HDFC Bank against M/s R Square Shri Sai Baba Abhikaran Pvt. Ltd. and its directors, including Mrs. Ranjana Sharma (Respondent No. 2), for dishonor of a cheque worth ₹6...
Supreme Court Big Consumer Protection Verdict: Tenure, Transparency, and Tribunal Reforms
Supreme Court

Supreme Court Big Consumer Protection Verdict: Tenure, Transparency, and Tribunal Reforms

This Supreme Court judgment addresses the appointment process and tenure of members in State and District Consumer Commissions. It mandates judicial majority in selection committees and a five-year tenure, overturning previous rules. The Court also clarifies that written examinations are not required for judicial members, but are necessary for non-judicial members for both appointment and reappointment. Facts Of The Case: The genesis of this case lies in challenges to the Consumer Protection (Qualification for appointment, method of recruitment, procedure of appointment, term of office, resignation and removal of the President and members of the State Commission and District Commission) Rules, 2020. Initially, the Bombay High Court struck down certain rules concerning eligibility criteri...