Justice Misra and Justice Viswanathan Explain Director’s Legal Duty in HDFC Bank Cheque Case

Section 141 of the National Insurance Act is the subject of this article, which provides an analysis of a Supreme Court case that clarifies directors’ vicarious liability. It places an emphasis on the necessity of precise allegations in complaints and draws attention to the delicate balance that must be maintained between preventing dishonor of checks and safeguarding individuals from unjustified punishment.