cpc

delegating responsibility within a firm


Two entities A and B form a company XYZ pvt ltd. can it be done such that A and B are delegated certain responsibilities and any liability arising out of mis execution of these responsibilities, would lead to entitlement of such liability on A or B respectively rather than the company XYZ (In which case both A and B would be equally liable). Can such a MoU be drafted and would it stand in the court of law.

 
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Advocate

Responsibility area of both can be fixed but both would be represanting Company and would be working on behalf of the company. Company can not escape liability.

 
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Sr. ADVOCATE Bombay High Court Mob: 9892432152

Company is Liable for any act or omission of delegates. MOU to escape liability is useless, as MOU is right in personama, not right in  rem. 

 
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