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    Company Law

    Uploaded by

    Sri Mugan
    This document discusses provisions under Company Law relating to liability of directors. It states that directors can be held liable for losses caused by their wrongful acts or omissions. The law aims to ensure directors act with reasonable care, skill and diligence. Directors also owe fiduciary duties to the company and must avoid conflict of interest situations. The document notes some defenses available to directors if they can prove they acted honestly and reasonably.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Company Law

    Uploaded by

    Sri Mugan
    39 views7 pages
    This document discusses provisions under Company Law relating to liability of directors. It states that directors can be held liable for losses caused by their wrongful acts or omissions. The law aims to ensure directors act with reasonable care, skill and diligence. Directors also owe fiduciary duties to the company and must avoid conflict of interest situations. The document notes some defenses available to directors if they can prove they acted honestly and reasonably.

    Original Title

    COMPANY_LAW

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    © © All Rights Reserved

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    This document discusses provisions under Company Law relating to liability of directors. It states that directors can be held liable for losses caused by their wrongful acts or omissions. The law aims to ensure directors act with reasonable care, skill and diligence. Directors also owe fiduciary duties to the company and must avoid conflict of interest situations. The document notes some defenses available to directors if they can prove they acted honestly and reasonably.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    39 views7 pages

    Company Law

    Uploaded by

    Sri Mugan
    This document discusses provisions under Company Law relating to liability of directors. It states that directors can be held liable for losses caused by their wrongful acts or omissions. The law aims to ensure directors act with reasonable care, skill and diligence. Directors also owe fiduciary duties to the company and must avoid conflict of interest situations. The document notes some defenses available to directors if they can prove they acted honestly and reasonably.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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