Liability of non-executive director
This query is : Resolved
28 January 2010
If among the two directors one is non-executive then what will be the liability of that non-executive as for quoram of meetings NED's consent is compulsory to pass any resolution
Ankur Garg
(Expert)
28 January 2010
If he has consented to a resolution then he is fully liable. It does not make any difference whether he is NED or ED.
Revert if there is any doubt.
Regards
Revert if there is any doubt.
Regards
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