Section 452 Companies Act | Employee Bears ‘Strict Liability’ to Return Company Property Upon Termination of Employment: Delhi High Court
The Delhi High Court has ruled that employees and officers of a company are strictly liable under Section 452 of the Companies Act, 2013 to return all company property immediately after the cessation of employment. The Court emphasized that the provision does not require proof of entrustment and operates as a strict liability clause. Court’s Interpretation Of Section 452 Justice Neena Bansal Krishna, while hearing the plea of a former…
