SUPREME COURT -UPHELD

 SUPREME COURT OF INDIA-SAID:

Recently, the Supreme Court of India; held that non-executive and independent directors cannot be held liable under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881. Unless specific allegations demonstrate their direct involvement in affairs of the company at the relevant time.

https://lawbeat.in/supreme-court-judgments/merely-attending-board-meetings-not-non-executive-directors-vicariously-liable

HONOURABLE JUDGES OF SUPREME COURT 

1. JUSTICE SC SHARMA

2. JUSTICE B.V. NAGARATHNA

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