Resignation of directors
This query is : Resolved
suresh kumar
(Querist)
22 March 2012
what is liability of retired directors in a company . The director is retired three years back. If he got any legal notice in respect of company matter. please give suggestions
Charu Srivastava
(Expert)
22 March 2012
After retirement there is no liablity on the directors.
But if there is default during the tenure of the Directors, then he shall be held liable.
But if there is default during the tenure of the Directors, then he shall be held liable.
Jiten Gupta
(Expert)
23 March 2012
After retirement, Director is no more liable for any act done by company thereafter!!
But if the Director did not serve the resignation in written and/or by E-Mail and company also did not file E-Form 32, He shall be held liable!!
But if the Director did not serve the resignation in written and/or by E-Mail and company also did not file E-Form 32, He shall be held liable!!
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