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Sandeep (firm)     20 March 2012

Responsibility of director in corruption related cases

A corruption related enquiry is in progress in a company and one of their director "A" leaves company and in his place "B joins as director of the company. If charges are fixed against the company, which director will face charges.



 1 Replies

M. A. Khan (advocate)     20 March 2012

if act of director is ultra vires than he would be individually liable in both ways criminally and civil.  co. or any of its director shall not be liable for the same.


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