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.
Sandeep (firm) 20 March 2012
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.
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.
Member Strength 9,47,754 and growing..
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
