IPC Doesn’t Provide For Vicarious Liability For Offence By A Company: SC [Read Judgment]

The Supreme Court has recently held that the Indian Penal Code, 1860, does not provide for vicarious liability for any offence alleged to be committed by a company.A division bench of Justice PC Ghose and Justice Amitava Roy also held that if and when a statute contemplates creation of such a legal fiction, it provides specifically therefore, e.g. Negotiable Instruments Act, 1881.The Bench...