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This question belongs to Law Negotiable Instruments Act
Negotiable Instruments Act
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In which of the following cases the Supreme Court held that the provisions of Section 141 of the Negotiable Instruments Act, 1881 do not contain a condition that the prosecution of a company is sine qua non for prosecution of other persons. The liability of the Directors/Officers etc. is vicarious and will flow from the liability of the company/firm.

Answer & Solution
Correct Answer: Option D
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