Whether members of HUF are vicariously liable of offence of cheque dishonour by karta?
https://www.lawweb.in/2014/12/whether-members-of-huf-are-vicariously.html
https://www.lawweb.in/2014/12/whether-members-of-huf-are-vicariously.html
Ashish Singla 098140 76600 (Cheque Victim's Lawyer. LUDHIANA (PB)) 31 December 2014
Hi..
HUF is always having its own different PAN & very much a separate legal identity being association of persons and well treated as partnership firm/company in meaning of section 141 of the N I Act. My view is members of HUF must comes under the ambit of vicarious liability..
Thanks...