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Proceedings against non-executive directors were quashed as they weren't responsible for conducting affairs of co.

January 28, 2019[2019] 101 264 (Delhi)

FEMA & BANKING: Where proceedings under section 141 were initiated against petitioners i.e. directors of company 'A', for issuing cheques which got dishonoured, in view of fact that petitioners were non-executive directors not responsible for day to day affairs of company 'A', proceedings initiated against than deserved to be quashed

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