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DIRECTOR'S ACCOUNTINTABILITY

This query is : Resolved 
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08 February 2009 PL ADVISE ME AS UNDER:-
DURING THE ORDINARY COURSE OF BUSINESS A DIRECTORS PERFORMS ALL HIS DUTIES AND RESPONSIBILITIES AND DURING THIS PROCESS SIGNS ALL THE REQUIRED PAPERS/DOCUMENTS ON BEHALF OF A PVT.LTD COMPANY.AND ONE DAY HE RESIGNS AS DIRECTOR.WILL HE BE HELD RESPONSIBLE FOR ALL SUCH ACTIONS DONE BY HIM DURING HIS TENNURE AS SUCH.IF SO, TILL HOW MUCH TIME AFTER HIS RESIGNATION.
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Jitender

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Jitender (Expert)
08 February 2009 yes, he can be held rsposible becz he was the OFFICER at that time.
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