Andhra
Pradesh High Court held :
“Every Director
of a company is not automatically vicariously liable
for the offence committed by the company. Only such
Directors or Director who were in charge of or responsible
Page 631 to the company for the conduct of business
of the company at the material time when the offence
was committed alone shall be deemed to be guilty of
the offence. Further it was observed that the requirement
of law is that "there must be clear, unambiguous
and specific allegations against the persons who are
impleaded as accused that they were in charge of and
responsible to the company in the conduct of its business
in the material time when the offence was committed."
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