In order to make a person vicariously liable for an offence committed by company under Section 138 of Negotiable Instruments Act, 1881, the first and foremost pre-condition is that the said person should either be a signatory of the cheque or should be holding a position in the company and should also be responsible for the conduct of the business of the company while holding such designation – Ridhima Jain Vs. M/s Interarch Building Products Pvt. Ltd. – Delhi High Court