13/04/2026
In Sanjay Dutt & Ors. v. State of Haryana & Anr. (09 April 2026), the Supreme Court held that merely signing a Board Resolution does not mean a director was in charge of the company’s day-to-day affairs. The Court clarified that such signing alone is not enough to prosecute a director under Section 138 read with Section 141 of the NI Act. There must be specific evidence showing active involvement in the conduct of business. This ruling reinforces that director liability is based on actual role, not designation or signatures.
(Signing of Board Resolution, Directors Liability, Remind Legal, Section 141 of NI Act)
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