Negotiable Instruments Act, 1881–Secs. 138 r/w. 141–Prayer for quashing the criminal proceedings–Rejection of–Justification–Appellants neither issued nor signed the dishonoured cheuqes nor had any role in their execution–Their involvement in the company affairs was purely non-executive, confined to governance oversight and did not extend to the financial decision making or operational management–The mere fact that they attended board meetings does not suffice to impose financial liability on them as such attendance does not automatically translate into control over financial operations–Appellants cannot be held vicariously liable u/s. 141 of the Act.
